The Treasury secretary said that import levies were not fueling inflation. By Alan Rappeport Economic policy reporter Treasury Secretary Scott Bessent on Wednesday defended President Trump’s use of ...
Treasury Secretary Scott Bessent said the Trump administration has a backup strategy to keep broad tariffs in place if the U.S. Supreme Court strikes down the emergency-powers authority currently used ...
Scott Bessent, President Donald Trump’s Treasury secretary, staunchly defended the use of tariffs at the New York Times’ DealBook Summit, in conversation with Andrew Ross Sorkin, strongly asserting he ...
Mexico’s decision last week to impose tariffs of up to 50 per cent on a wide swath of Chinese and other Asian imports is more than a neighbourhood scuffle. It is a major milestone in President Trump’s ...
U.S. Treasury Secretary Scott Bessent expressed confidence that the administration would be able to enforce its tariff policies, regardless of the outcome of an ongoing Supreme Court case. Bessent, ...
By all accounts, however, Trump is a true believer on tariffs, and he appears poised to plow forward even if he suffers a ...
Using various other justifications, the White House can implement its tariffs regardless of a Supreme Court loss, said Scott Bessent.
NEW YORK, Dec 3 (Reuters) - U.S. Treasury Secretary Scott Bessent on Wednesday expressed optimism about the economic outlook next year, but said interest rate cuts were still needed given a weakening ...
Treasury Secretary Scott Bessent has proclaimed solidarity with U.S. farmers in recent months as they grappled with the loss of a major soybean buyer due to President Donald ...
DealBook Summit includes conversations with business and policy leaders at the heart of today’s major stories, recorded live at the annual DealBook Summit event in New York City. Treasury Secretary ...
Bessent, a millionaire former hedge fund manager, had in October stated that he shared the concerns of U.S. farmers who bore the brunt of the trade war between the U.S. and China, telling ABC News ...
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