The push to eliminate penny production has received support from lawmakers on both sides of the political aisle.

The move came after President Donald Trump and Treasury Secretary Scott Bessent met with Apple CEO Tim Cook this week.

Trade officials are expected to meet in-person to negotiate those tariffs. Read more at straitstimes.com. Read more at ...

The U.S. Treasury Department has taken a large step toward officially eliminating the one-cent coin, ordering its final batch ...

Critics mocked Treasury secretary Scott Bessent's trade war promises when interrogated by Fox News's Bill Hemmer on Friday.

U.S. Treasury Secretary Scott Bessent testifies before a House Appropriations Financial Services Subcommittee oversight ...

President Donald Trump threatened to impose a 25% tariff on Apple unless the company moves iPhone production to the United ...

Wall Street recovered some of its decline on Friday, after remarks from U.S. Treasury Secretary Scott Bessent calmed ...

President Trump on Friday took aim at Apple and the European Union in a significant escalation of his ongoing trade war. In a ...

Donald Trump has threatened a sweeping 50 per cent tariff on EU imports starting June 1, sending markets tumbling and ramping ...

U.S. Treasury Secretary Scott Bessent goes behind-the-scenes on President Trump's new tariff threats on the EU and Apple, announced just minutes apart from one another.