Treasury Secretary Scott Bessent argued in a speech that the multilateral economic institutions have veered away from their missions.

Treasury Secretary Scott Bessent argued in a speech that the multilateral economic institutions have veered away from their missions.

Scott Bessent told a group of investors that he expected trade tensions with China to de-escalate.

The International Monetary Fund expects slower growth and higher inflation in the U.S. as a result of President Trump’s trade policies.

The I.M.F. and World Bank are holding their spring meetings as President Trump’s trade war upends the global economy.

Kristalina Georgieva, the managing director of the International Monetary Fund, warned in a speech that protectionism erodes productivity.

The Treasury secretary received counsel and criticism from some of his predecessors over President Trump’s policies.

Soybean producers warn that farms could go under as the Trump administration hits China with new tariffs of 145 percent.

Jamieson Greer, the United States trade representative, will tell senators the U.S. is economy is in need of “drastic, overdue change.”

The already battered spirits industry will see its supply squeezed if tariffs raise import costs and other countries’ retaliation closes off export markets.