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.

The Senate on Monday confirmed Scott Bessent to serve as Treasury secretary in the Trump administration, making him the highest-ranking openly gay government official in U.S. history.

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.

The Senate voted 68 to 29 to confirm Scott Bessent, a billionaire hedge fund manager, as the next Treasury secretary. Needed for confirmation Needed for confirmation Mr. Bessent, who formerly ...

The Senate on Monday confirmed billionaire hedge fund manager and investor Scott Bessent as President Trump’s Treasury secretary, making him the highest-ranking LGBTQ official in the nation’s ...

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.