News

Unpacking Trump’s Issue With the E.U. as He Threatens 50% Tariff
"The E.U., formed for the primary purpose of taking advantage of the U.S. on trade, has been very to deal with." ...
Trump threatens 25% tariff on iPhones iPhones made outside of the United States
President Donald Trump announced Friday that the Apple technology company faces a 25% tariff on iPhones unless the devices ...
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Treasury makes final penny order as production winds down
The U.S. Treasury placed its final order for penny blanks, marking the beginning of the end for the one-cent coin, a ...
German finance minister and US treasury secretary Bessent met bilaterally, source says
German Finance Minister Lars Klingbeil met United States Treasury Secretary Scott Bessent on Wednesday for a bilateral ...
Treasury, State Department ending Syrian sanctions to speed recovery
President Donald Trump's administration is lifting sanctions on war-torn Syria, with the goal of speeding recovery and ...
US Treasury confirms the end of the penny
"Confirming the WSJ story, the Treasury has made its final order of penny blanks this month and the United States Mint will ...
Treasury Sec. Bessent: Walmart will ‘eat some of the tariffs’ after announcing price hikes
After speaking with Walmart CEO Doug McMillon, Treasury Secretary Scott Bessent echoes President Trump, saying Walmart will need to absorb some of the president’s tariffs. The retailer had warned that ...
Treasury Secretary Bessent dismisses Moody's US credit downgrade as 'lagging indicator'
Treasury Secretary Scott Bessent downplayed the U.S. credit downgrade as a "lagging indicator" of economic and fiscal ...