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During a cabinet meeting Tuesday, Treasury Secretary Scott Bessent spoke about tariffs.
Some investors have staked out positions in futures markets that will profit if interest rates drop immediately after Jerome ...
President Trump decided to delay introducing so-called reciprocal tariffs after advisers including Treasury Secretary Scott Bessent told him he could get trade deals with more time. Officials felt ...
The president also decided to send out letters as a way to keep the pressure up.
Treasury Secretary Scott Bessent on Tuesday said the U.S. has taken in about $100 billion in tariff income so far this year, ...
The last time President Donald Trump rolled out tariffs this high, financial markets quaked, consumer confidence crashed and his popularity plunged.
U.S. Treasury Secretary Scott Bessent announced potential tariff collections of $300 billion by the end of 2025, following ...
Treasury Secretary Scott Bessent announced that tariffs will return to the “Independence Day” levels if, by Aug. 1, countries ...
The announcement represents a win for the administration, which has positioned tariffs as both a means of equalizing trade and raising revenue.
Jerome Powell’s cautious rate policy sparks fierce criticism and succession talks, putting his Fed Chair tenure under ...
Japan's tariff negotiator, Ryosei Akazawa, and U.S. Treasury Secretary, Scott Bessent, have decided to continue discussions after President Donald Trump announced a 25% tariff on Japan starting August ...