The status quo of large U.S trade deficits cannot persist, Treasury Secretary Scott Bessent said. "Intentional policy choices by other countries have hollowed out America’s manufacturing sector ...

Both nations pledged to cut their broad, ballooning tariffs after weekend talks. US tariffs dropped to 30% from 145%, while ...

BEIJING: Xi Jinping's decision to stand his ground against Donald Trump could hardly have gone any better for the Chinese ...

Cardinal Robert Barron, bishop of the Diocese of Winona–Rochester in Minnesota who traveled to Rome for the papal conclave, ...

Treasury Sec. Scott Bessent is speaking right now in Geneva. "We have reached an agreement on a 90-day pause and substantially moved down the tariff levels," he said, as both sides moved down reciproc ...

U.S. Treasury Secretary Scott Bessent hailed the progress made with China on tackling fentanyl at trade talks in Switzerland, saying Beijing is "now serious" about the issue.

The White House has released President Donald Trump’s schedule for Monday. He will hold a press conference with Health ...

Treasury Secretary Scott Bessent expressed optimism about continuing trade negotiations with Chinese officials after meeting ...

It comes as Trump has defended reports the Qatari royal family will gift a $400 million Boeing jet to the president to use as ...

The U.S. is cutting tariffs on China to 30% from 145% while China is cutting tariffs on U.S. goods to 10% from 125%, with each of those moves expected to last 90 days. He told Bloomberg Radio later in ...

The trade pact reached over the weekend represents another stage in the U.S. shaking its reliance on Chinese products, the ...

12 May: The US and China announce a 90-day pause on "reciprocal" tariffs starting 14 May after holding trade talks in ...