News

Treasury secretary says countries without trade deals will see tariffs 'boomerang' to April rates by Aug. 1
Steep tariff rates are set to go back into effect after a 90-day pause on the April 2 rates that rocked the stock market.
Tariffs will revert to April levels if countries don't make a deal by August 1, Bessent says
Tariffs are set to return to President Donald Trump's original April levels without new trade deals by August 1, Treasury ...
Bessent hints at trade talk extensions
Major U.S. trading partners hurried over the weekend to secure trade deals or lobby for extra time, while Treasury Secretary ...
Asian Nations Chase US Trade Deals as Bessent Signals Extension
Good morning. Countries rush to reach trade agreements ahead of an imminent deadline. The Secret Service leads a global push ...
Donald Trump renews threat to hit trading partners with steep tariffs
Donald Trump has revived his threat to hit major trading partners with steep “reciprocal” tariffs even as he granted a ...
Trump Pushes Global Trade War Back to the Top of His Agenda
WASHINGTON—President Trump reignited his global trade war Monday, renewing his threat to hit partners with punishing tariffs ...
TX Flood Deaths Rise, Bessent Says Trade Deals Close But Not Done, More
Bloomberg News Now is a comprehensive audio report of today's top stories. Hear the latest news, updated throughout the day, covering global business stories in just a few minutes.