An alumnus of the first Trump White House assessed that, of Trump’s Cabinet, Bessent seems to be the “most serious person in the room.”

There are different rules for packages handled by commercial delivery firms like United Parcel Service, FedEx and DHL – which handle the majority of Temu and Shein packages.

The White House has said its agreements with the U.K. and China are starting points, but so far the Trump administration has given up more than it has gained.

Federal Reserve Chair Jerome Powell, who Trump recently said he’s considering firing, has a 37% approval rating, beneath the lowest approval ratings for the previous three federal reserve chairs, but above his 36% average approval rating in 2023, Gallup found.

Federal Reserve Vice Chair Philip Jefferson said Wednesday that if the tariffs already unveiled by President Trump are sustained it will cause "at least" a temporary increase in inflation.

Follow for live updates as Trump continues his Middle East trip in Saudi Arabia and Health and Human Services Secretary Robert F. Kennedy Jr. testifies on Capitol Hill.

Officials wrapped up two days of bargaining in Switzerland and touted "substantial progress." More details are expected on Monday.