Browsing: US Treasury

U.S. Treasury official Bessent told Fox Business the Biden administration’s 50% tariffs on Canadian imports reflect “reciprocity,” Reuters reports, aiming to counter Ottawa’s recent trade measures.

The US treasury chief warned that companies aiding Iranian airlines could face sanctions, Reuters reports, as Washington seeks to tighten enforcement of restrictions on Tehran.

The US Treasury chief urged FedEx to clarify how it will return tariff overpayments to consumers, following policy shifts, and stressed greater transparency in handling trade-related refunds.

The US Treasury has warned Oman it may face sanctions over alleged interference in shipping through the Strait of Hormuz, raising regional tensions, Al Jazeera reported.

The US Treasury secretary has confirmed plans for a new $250 bill featuring Donald Trump’s face, sparking debate over political symbolism, currency design, and precedent.