News

Rep. Mark Pocan Grills Treasury Secretary Bessent: "Who Pays Tariffs?"
Democratic Rep. Mark Pocan asked Treasury Secretary Scott Bessent on Tuesday during House testimony: "Who pays tariffs?" REP.
Tariffs live updates: Bessent says tariffs may return to 'reciprocal' levels if deals aren't made
Treasury Secretary Scott Bessent warned on Sunday that tariff rates will go back to "reciprocal" levels if countries do not ...
Trump treasury secretary says Walmart will absorb some tariff costs – but shoppers may still pay more
Bessent told CNN's "State of the Union" May 18 that he spoke with Walmart CEO Doug McMillon the day before, when Trump told ...
Bessent to Rep. Velazquez: Telling You Details In Public Would Be "Detrimental" To Trade Negotiations
Rep. Nydia Velazquez grandstands while questioning Treasury Secretary Scott Bessent about ongoing trade negotiations during a ...
Trump tariffs live updates: China iPhone exports to US plunge to 14-year low amid tariff tensions
On Tuesday, it was reported that Chinese shipments of Apple's iPhone and mobile devices to the US fell to their lowest since ...
Trump Treasury secretary admits Americans will pay ‘some’ tariff price hikes
The Trump administration’s war with Walmart continued on Sunday, as Treasury Secretary Scott Bessent admitted in an interview ...
Latin Times on MSN2d
Treasury Secretary Acknowledges Cost of Tariffs: 'Some May Get Passed on to Consumers'
Treasury Secretary Scott Bessent admitted that some of the cost of Trump's tariffs "may get passed on to consumers." ...
The New Republic on MSN1dOpinion
Trump’s China Tariff Deal Is About to Come Back to Bite Him
Columnists have labelled Trump’s bill as the second coming of Reagonomics, promising to slash taxes for the wealthy while ...
Forbes1d
Bessent Backtracks On Trump’s Boast Of New Tariffs Without Negotiations—Latest Big Tariff Flip-Flop Since ‘Liberation Day’
The Trump administration has offered different views over the past week about the dozens of trade deals it’s seeking to reach—with Treasury Secretary Scott ... as Bessent claimed. No tariffs ...
Trump’s lifelong belief in tariffs is about to face its acid test
President Donald Trump’s faith in tariffs is undimmed by a dose of negative US growth and signs of a looming supply crunch.