U.S. Treasury Secretary Scott Bessent warned Sunday that some of America’s trading partners could soon face a sharp hike in tariff rates, and dismissed Moody’s downgrade of the U.S. government’s credit rating.

Transportation Secretary Sean Duffy reportedly dumped tens of thousands in stocks just before President Donald Trump crashed the market with his tariffs.

His flip-flopping on the “Liberation Day” tariffs comes after Trump previously shifted his stance in how he handled tariffs on Mexico and Canada, initially announcing hours after his ...

The pause will end on July 31. During an interview with NBC's "Meet the Press" that aired May 4, Trump repeated the scenario of pricier dolls in his defense of tariff-induced price hikes, arguing that little girls in the U.S. need to make do with fewer toys and cut back on school supplies.

Consumer prices rose 2.3% in April compared to a year ago, cooling slightly from the previous month and defying fears of an inflation surge in the aftermath of President Donald Trump's "Liberation Day" tariffs last month. The reading -- which marked the lowest inflation rate since 2021 -- matched economists' expectations.

Pam Bondi sold her stock in Trump Media on April 2, the same day Trump announced a slew of new tariffs that sent the market tumbling.

Three judges on the U.S. Court of International Trade spent about two hours considering a legal challenge by a group of small businesses to Trump’s tariffs, which have unleashed

South African President Cyril Ramaphosa plans to grant billionaire Elon Musk a deal with his Starlink internet network in an effort to smooth over their rocky relationship before Ramaphosa meets with Trump and friends on Wednesday.

The Trump administration has offered different views over the past week about the dozens of trade deals it’s seeking to reach—with Treasury Secretary Scott Bessent backtracking on President Donald Trump’s suggestion that the government will simply impose new tariff rates on countries without negotiating—as the Trump administration has frequently flip-flopped on its sweeping tariffs in the weeks since “Liberation Day.

US President Donald Trump has suggested that tariffs may increase as he looks at pharmaceutical levies next. “We’ve taken trillions of dollars, and we’ve been hurt very badly by other countries that did this to us,