Tag: Scott Bessent
Scott Bessent admits that Trump just created a ‘back door for privatizing Social Security’
Treasury Secretary Scott Bessent said Wednesday that the Trump administration was committed to protecting Social Security hours after he said in an interview that...
Trump’s tariffs could squeeze US factories and boost costs by up to 4.5%, a new analysis finds
WASHINGTON – As President Donald Trump prepares to announce new tariff increases, the costs of his policies are starting to come into focus for...
The Latest: Trump to discuss trade with British Prime Minister Keir Starmer in Scotland
President Donald Trump is in Scotland, where he is meeting with British Prime Minister Keir Starmer to refine a trade deal the two leaders...
US and China to talk in Stockholm on trade with eye on Trump-Xi summit later this year
WASHINGTON – When top U.S. and Chinese officials meet in Stockholm, they are almost certain to agree to at least leaving tariffs at the...
Trump announces trade deal with Japan that lowers threatened tariff to 15%
WASHINGTON – President Donald Trump announced a trade framework with Japan on Tuesday, placing a 15% tax on goods imported from that nation.“This Deal...
Scott Bessent turns up the heat on the Fed, demands probe as Powell’s future hangs in balance
Treasury Secretary Scott Bessent sharply escalated his criticisms of the Federal Reserve on Monday, publicly urging a comprehensive investigation into the central bank’s operations...
U.S. to apply increased pressure on trade deals, warns higher tariffs could roll out Aug. 1
The White House is set to put pressure on the U.S.'s trading partners this week to sign new tariff deals,...
