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

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.

New Treasury Secretary Scott Bessent wants universal levies to rise month by month in order to give businesses time to adjust.

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

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.

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 ...

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

The U.S. Senate confirmed Scott Bessent Monday to serve as President ... Trump threatened tariffs on Colombia over the weekend after the country raised concerns about deportation flights, but ...

President Donald Trump has been talking about tariffs for so long that it feels like we know exactly what’s coming. But we kind of have no idea.

Jan 21 (Reuters) - The U.S. Senate Finance Committee on Tuesday voted to send the nomination of billionaire hedge fund manager Scott Bessent as ... ago Americascategory Colombia avoids trade ...

A Victorian bushfire is threatening holidaymakers at a national park; Donald Trump vows “near future” tariffs, calls DeepSeek progress “good”. How the day unfolded.