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During a cabinet meeting Tuesday, Treasury Secretary Scott Bessent spoke about tariffs.
President Trump’s search for a successor to Jerome Powell at the Federal Reserve is getting louder as candidates compete to criticize the central bank publicly and more options for how to fill that ...
Market analysts say the surge reflects concerns about supply disruptions and global reshuffling of industrial metals sourcing ...
nd non-tariff barriers will face consequences, as President Trump continues to use tariffs as a tool to prioritize "America ...
Some investors have staked out positions in futures markets that will profit if interest rates drop immediately after Jerome ...
Trump had already doubled down on his tariff threats early on Tuesday, saying there would be no extensions and tariffs would start being collected on Aug. 1. Also on Tuesday, Trum ...
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.
The U.S. has collected roughly $100 billion in tariff revenue so far this year, a figure that could rise to $300 billion by ...
U.S. Treasury Secretary Scott Bessent will skip a Group of 20 finance officials meeting in South Africa next week, sources ...
Tariff income could reach $300 billion by year’s end as Trump ramps up duties on imports and trade partners US Treasury ...
Treasury Secretary Scott Bessent on Tuesday said the U.S. could grow its tariff revenue to $300 billion this year. According to him, the country has taken in about $100 billion in tariff income so far ...