US President and his administration plan to start sending letters to US trade partners on Monday dictating new tariffs ...

US President Donald Trump announced he would send the first tariff letters to various countries, days before his deadline for ...

Lutnick told reporters the increased levies would take effect on Aug. 1, nearly a month after the pause expires on Wednesday.

Updated on: November 23, 2024 / 10:32 AM EST / CBS News President-elect Donald Trump is selecting hedge fund CEO Scott Bessent to be Treasury secretary, he announced Friday.

The United States is once again turning up the pressure on its trading partners. U.S. Treasury Secretary Scott Bessent has ...

The White House announced sharp levies on dozens of economies in April, citing a lack of 'reciprocity' in trade relations, ...

Trump administration prepares trade letters as August 1 deadline approaches, with Secretary Lutnick confirming tariffs will ...

Trump and Bessent’s latest remarks suggest talks remain fluid and deals are elusive three days before the original deadline ...

US tariffs will kick in on August 1 if trading partners from Taiwan to the European Union do not strike deals with Washington ...

The Trump administration has extended its tariff freeze by three weeks, but pressure is mounting in Canberra amid fears ...

US tariffs will take effect Aug. 1 unless trading partners, including Taiwan and the EU, reach deals with Washington, ...

Look, the principles of DOGE were very popular. I think if you looked at the polling, Elon was not,” the treasury secretary said.