After President Donald Trump announced last month that the United States would impose a baseline 10-percent tariff on much of the world—with far higher rates for a set of other countries—economists ...

Bessent told CNN's "State of the Union" May 18 that he spoke with Walmart CEO Doug McMillon the day before, when Trump told the company on Truth Social that they should "' EAT THE TARIFFS ," and not ...

Treasury Secretary Scott Bessent on Sunday played down inflation risks from the Trump administration's tariffs, saying that ...