Donald Trump’s Treasury secretary Scott Bessent is pushing for new universal tariffs on US imports to start at 2.5 per cent and rise gradually, said four people familiar with the proposal.

Colombia agrees to accept deported migrants; US drops tariff threat but maintains other penalties for now.

Scott Bessent was sworn in as Treasury Secretary on Tuesday, taking the helm of one of the government agencies most critical to President Donald Trump’s sweeping economic agenda.

A brief standoff with Colombia holds important lessons for how future trade conflicts might unfold in the new Trump administration.

The billionaire investor Scott Bessent will serve as US President Donald Trump's treasury secretary, the US Senate confirmed on Monday. The hedge fun

WASHINGTON — The U.S. Senate confirmed billionaire investor Scott Bessent on Monday to serve as President Donald Trump’s treasury secretary, giving him the delicate balancing act of cutting ...

Bessent, 62, is a longtime hedge fund manager, Trump donor and adviser. He'll be the point person for Trump on a host of key economic issues.

He has said the U.S. faces economic calamity if Congress does not renew key provisions of Trump’s Tax Cuts and Jobs Act that are set to expire Dec. 31, 2025.

The U.S. Senate could vote to confirm Republican President Donald Trump's nominee for treasury secretary, Scott Bessent, this weekend, Majority Leader John Thune said on Thursday.

Before the election, Bessent said he liked Trump’s economic agenda because it tied together economic policy with national security.

Scott Bessent, a South Carolina resident and billionaire investor, was confirmed by the U.S. Senate on Monday.