(Jim LoScalzo- Pool via CNP/Zuma Press) Treasury Secretary Scott Bessent said the U.S. could collect $300 billion to $600 billion a year in tariffs. That figure suggests little near-term change in ...

China has retaliated against the latest round of U.S. tariffs with higher duties on American exports, putting at stake a whopping $650 billion in trade between the two largest economies in the world.