Bessent, Trump and tariffs
Digest more
Top News
Overview
Impacts
The Hill |
Treasury Secretary Scott Bessent said Tuesday that he expects a couple big deals “very quickly” in relation to President Trump’s latest tariff announcement. “We have one of the
AOL |
Trump's "reciprocal" tariffs on dozens of countries were set to take effect on Wednesday, including massive 104% duties on Chinese goods, deepening his global trade war even as he prepared for negoti...
The New York Times |
The added tariffs would bring the total taxes that Trump has imposed on Chinese imports since he came into office to 104 percent.
Read more on News Digest
Trying to negotiate individual trade agreements with 70 (or more) countries is difficult and will take time,” a research fellow for a libertarian think tank said.
Treasury Secretary Scott Bessent claimed Sunday that “more than 50 countries” have approached the Trump administration to bring down “non-tariff trade barriers,” reduce tariffs, and halt “currency
14hon MSN
FIRST ON FOX: Treasury Secretary Scott Bessent will be on Capitol Hill again on Wednesday to meet with a key Republican caucus, Fox News Digital has learned.
There doesn’t have to be a recession. Who knows how the market is going to react in a day, in a week. What we are looking at is building the long-term economic fundamentals for prosperity,”
The morning rally marked the first time stocks opened in the green since President Donald Trump announced tariffs on April 2.
Speaking exclusively on CNBC’s “Squawk Box”, Bessent emphasised that the broader goal behind the rising US tariffs, particularly those imposed on China, is to reshape global trade dynamics and reindustrialise America.
Bessent said "what I've been very impressed with is the market infrastructure, that we had record volume on Friday."
Treasury Secretary Scott Bessent explains the administration's new tariffs and economic policy in an interview with Tucker Carlson. TUCKER CARLSON: And this is really aimed at the people who support President Trump and who agree with you wholeheartedly that the current system was really bad.
4dOpinion
The New Republic on MSNTop Trump Official So Freaked Out by Tariffs, He Wants to QuitEconomists have predicted that the tariffs could throw the U.S. into a recession. Trump’s plan has been interpreted around the globe as an economic attack, forcing the leaders of some of America’s longest-term allies to turn away from U.S. leadership.
The U.S. goods trade deficit with China was $295.4 billion in 2024, a 5.8 percent increase ($16.3 billion) over 2023.
Treasury Secretary Scott Bessent explains the administration’s new tariffs and economic policy in an interview with Tucker Carlson. TUCKER CARLSON: The president suggested in describing his plan for tariffs,