Treasury Secretary Urges Europe to Back US Tariffs on Russian Trade Partners

U.S. Treasury Secretary Scott Bessent speaks during a ceremony for U.S. National Day at the World Expo 2025 in Osaka, Japan, on July 19, 2025. Tomohiro Ohsumi/Getty Images Europe must be ready to join the United States in imposing higher tariffs on China and other countries that buy Russian energy, U.S. Treasury Secretary Scott Bessent

Appeals Court Allows Trump Administration to Withhold Foreign Aid Funds

An American flag and USAID flag fly outside the USAID building in Washington on Feb. 1, 2025. Annabelle Gordon/Reuters A federal appeals court ruled on Aug. 13 that the Trump administration may cut billions of dollars in foreign aid funds that Congress previously approved. A three-judge panel of the U.S. Court of Appeals for the