Treasury Secretary Scott Bessent conceded on Sunday that President Donald Trump’s tariffs could increase prices for consumers. Walmart CEO Doug

Treasury Secretary Scott Bessent said on Friday that President Donald Trump does not believe that the European Union's trade offers to the United States are of sufficient quality and that he hopes that a June 1 50% tariff threat will "light a fire under the EU" in negotiations with Washington.

US Treasury Secretary Scott Bessent said the Trump administration paused plans to create a sovereign wealth fund as the president prioritizes paying down the national debt.

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 Bessent told NBC that if nations don't want to negotiate with the US, then their tariffs will "spring back to the April 2nd level."

U.S. Treasury Secretary Scott Bessent goes behind-the-scenes on President Trump's new tariff threats on the EU and Apple, announced just minutes apart from one another.

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.

German Finance Minister Lars Klingbeil is optimistic about relations with Washington after his meeting with U.S. Treasury Secretary Scott Bessent, he told journalists on the sidelines of the Group of Seven (G7) ministerial meeting in Banff,

Treasury Secretary Scott Bessent joins CNN’s Jake Tapper to discuss Trump’s trade policies and concerns that his tariffs will hurt the economy.

U.S. Treasury Secretary Scott Bessent has offered his take on President Trump's threat of a 50% tariff on the European Union on June 1, with Bessent saying he hopes it'll "light a fire under the E.U."

Treasury Secretary Scott Bessent said there could be “several large” trade deals announced in the next couple of weeks, adding that he expects Trump administration officials will meet with their Chinese counterparts again in-person to negotiate those tariffs.