The U.S. is focusing on tariff negotiations with 15 key trading partners, Treasury Secretary Scott Bessent announced Thursday.

President Donald Trump said there was "big progress" when he made the surprise move on Wednesday to negotiate directly with Japanese officials about the barrage of tariffs he has imposed on global imports.

President Donald Trump on Wednesday inserted himself directly into trade talks with Japanese officials, a sign of the high stakes for the United States after its tariffs rattled the economy and caused the administration to assure the public that it would quickly reach deals.

France's Hermes will fully shift the burden of tariffs in the United States to its wealthy clientele, the company said on Thursday, as it posted first-quarter sales that slightly missed market expectations.

French luxury group Hermès will raise its U.S. prices from the start of May in order to offset the impact of President Donald Trump’s tariffs, the company’s finance chief said Thursday.

We’re very attached to our production where it is,” executive chair Axel Dumas previously said of Hermès's manufacturing.