U.S. Treasury Secretary Scott Bessent said on Wednesday that he believes that excessively high tariffs between the U.S. and ...

U.S. stocks rallied as President Trump softened his stance on the Federal Reserve and trade tariffs, easing investor fears.

Two weeks after President Donald Trump paused plans for steep tariffs with promises that a flurry of negotiated deals would ...

Also in today’s newsletter, Trump criticises Ukraine over peace talks, and the Treasury secretary’s remarks on the US-China trade war ...

US states are suing the Trump administration, calling its tariff policy under emergency powers illegal and economically reckless, accusing it of bypassing Congress and harming businesses nationwide.

Oregon, Arizona, Nevada, New Mexico, New York and Vermont, are among the states listed as plaintiffs in the lawsuit.