The IMF downgraded global growth forecasts due to the U.S. tariff war, predicting 2.8% growth in 2025 and 3% in 2026. U.S.

Chinese imports now attract a 145% levy after President Donald Trump’s administration announced multiple retaliatory hikes.

Treasury Secretary Scott Bessent (left) shakes hands with House Majority Leader Steve Scalise at the tariff announcement Wednesday. (Jim LoScalzo- Pool via CNP/Zuma Press) Treasury Secretary Scott ...

I have a deal done, done, done, done, but I need to wait for their prime minister and their parliament to give its approval, ...

Treasury Secretary Scott Bessent on April 28 put the responsibility for reaching a trade agreement on China. He argued China ...

White House Press Secretary Karoline Leavitt will hold a press briefing with Treasury Secretary Scott Bessent Tuesday morning ...

Last week, the International Monetary Fund, in its latest "World Economic Outlook" report, slashed projections for the global ...

Meanwhile, in the foreign exchange market currencies were mostly up. The MSCI currency index rose just 0.08% amid a sinking dollar, which fell over 0.5% during the trading session. The South African ...

Treasury Secretary Scott Bessent said Monday that it's up to China to take the first step in de-escalating the tariff fight ...

US Treasury Secretary Scott Bessent has once again addressed what he initially called a potential 'de-escalation' of US-China ...

Amid trade tensions and policy uncertainty stemming from the tariff war, a China analyst advises Washington to become more ...

Tensions between the United States and China escalated on Monday as Chinese officials issued their third denial in five days ...