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The Business Standard

Tuesday
March 24, 2026

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TUESDAY, MARCH 24, 2026

US Treasury secretary

US Treasury secretary

US Treasury Secretary Scott Bessent speaks during a press conference at government quarters Rosenbad after the trade talks between the US and China concluded, in Stockholm, Sweden, July 29, 2025. Photo: Magnus Lejhall/TT News Agency/via REUTERS/File Photo

US likely to raise temporary global tariff rate to 15% this week: Treasury secretary

The new tariff rate was announced by ​Trump in late February after the Supreme ⁠Court struck down his previous global tariffs under a national ​emergencies law.

FILE PHOTO: REUTERS/Abhishek N. Chinnappa

China's Xiaomi files legal complaint against US Defense, Treasury ban

REUTERS/Christopher Aluka Berry/File Photo

'Act big' now to save economy, worry about debt later, Yellen says in Treasury testimony

Steven T. Mnuchin, Secretary, Department of the Treasury during the Senate's Committee on Banking, Housing, and Urban Affairs hearing examining the quarterly CARES Act report to Congress, in Washington, DC, US, September 24, 2020. Toni L. Sandys/Pool via REUTERS/File Photo

US imposes sanctions on Ukrainians over election interference

Photo: Reuters/Lucas Jackson

S&P Dow Jones to remove ADRs of Chinese telecom companies after NYSE decision

REUTERS/Christopher Aluka Berry/File Photo

Treasury nominee Yellen warns of 'self-reinforcing' US downturn, vows to aid needy

REUTERS/Christopher Aluka Berry/File Photo

Biden to name Yellen as first female treasury secretary to lead US economy

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