Critics mocked Treasury secretary Scott Bessent's trade war promises when interrogated by Fox News's Bill Hemmer on Friday. The interview came after President Donald Trump threatened 50% tariffs on the European Union and 25% tariffs on Apple iPhones that are not made in the United States.

Treasury Secretary Scott Bessent will meet his international counterparts at a G7 finance ministers meeting in Canada.

The European Union’s top economic official, Valdis Dombrovskis, is scheduled to meet U.S. Treasury Secretary Scott Bessent on Thursday, at a gathering of economic policymakers in Canada. Dombrovskis said he would raise "trade points and the importance of making progress in EU-U.

Treasury Secretary Scott Bessent squirmed in his seat when he ... Trump reignited his scorched-earth trade war, taking aim at the E.U. and tech company Apple. Trump warned that Apple would face ...

Treasury Secretary Scott Bessent stated that the Trump administration’s tariff overhaul has positioned the U.S. for better trade deals with foreign countries, while downplaying Moody’s

Now they have a trade war problem to worry about again. Stocks and the dollar fell Friday after President Donald Trump brought the trade war back to the forefront with threats of massive tariffs against one of America’s most valuable companies and one of its most important trading partners.

Shares of many companies that source at least some of their goods from China are surging on Monday as U.S. and Chinese officials announced that they had reached a deal to roll back most of their recen

US Treasury Secretary Scott Bessent said the trade deal from Donald Trump’s first tariff war with China gives the world’s two biggest economies “a very good framework” for upcoming discussions after the temporary lifting of levies between them.

Tariff rates will soon return to a “reciprocal” level if countries don’t reach trade agreements during the 90-day pause, Treasury Secretary Scott Bessent ... of a trade war with China ...

Treasury Secretary Scott Bessent said retail giant Walmart "will be absorbing" the impact of President Donald Trump's signature tariffs, but some costs "may get passed on to consumers." Bessent told CNN's "State of the Union" May 18 that he spoke with Walmart CEO Doug McMillon the day before,