WASHINGTON: The US government has already collected about $100 billion in tariff income this year and expects the total to ...

The last time President Donald Trump rolled out tariffs this high, financial markets quaked, consumer confidence crashed and his popularity plunged.

The president also decided to send out letters as a way to keep the pressure up.

U.S. Treasury Secretary Scott Bessent announced potential tariff collections of $300 billion by the end of 2025, following ...

Tariffs are center stage for investors this week, although the White House has extended the pause on so-called reciprocal ...

Arthur Hayes argues that the GENIUS Act's push for stablecoins isn't about innovation but about helping banks funnel ...

Treasury Secretary Scott Bessent announced that tariffs will return to the “Independence Day” levels if, by Aug. 1, countries ...

The announcement represents a win for the administration, which has positioned tariffs as both a means of equalizing trade and raising revenue.

Jerome Powell’s cautious rate policy sparks fierce criticism and succession talks, putting his Fed Chair tenure under ...

U.S. Treasury Secretary Scott Bessent will skip a Group of 20 finance ministers and central bank governors meeting in South ...