Scott Bessent, known for his role in the 1992 Bank of England crisis while working with George Soros, has been chosen to lead ...

Trump's nominee to run the Treasury faces a tall order—dealing with mounting debt, implementing an aggressive tariff regime, ...

Trump said in a post on Truth Social that on his first day in office, he would impose a 25% tariff on all products from ...

President-elect Donald Trump is threatening to impose sweeping new tariffs on Mexico, Canada and China as soon as he takes office.

Scott Bessent’s former colleagues and rivals see the prospective Treasury secretary as a thoughtful choice with a broad ...

Trump's promise to impose a 25% tariff on all imports from Canada and Mexico mimics his old strategy of using tariff threats ...

The U.S. dollar shot up after President-elect Donald Trump pledged that he would slap steep tariffs on Mexico, Canada, and China soon after taking office.

Bessent (pictured), who campaigned for Trump's election and was a donor to his campaign, has expertise on making the right ...

The dollar rallied against major peers on Tuesday after U.S. President-elect Donald Trump pledged tariffs on all imports from ...

US Treasury bonds fell after President-elect Donald Trump threatened to slap additional tariffs on US trade partners, ...

This comes amid broader concerns about conflicts of interest within Trump’s transition team and incoming administration.

"If Trump follows through with imposing immediate and unilateral tariffs, this would mean 'going nuclear' on USMCA," Alberto ...