News

Bessent defends tariff policy as retailers weigh price hikes: "Some are and some aren't"
As the trade standoff with China continues, President Trump announced the tariff on foreign steel will double from 25% to 50% ...
Bessent: Margaret, Why Don’t We Focus On What Has Happened And Does Happen, Not What You Allege Might Happen
Treasury Secretary Scott Bessent responds to criticism of the impact of the Trump tariffs on American ikporters and retailers ...
China can choose to be ‘a reliable partner’ or not: Bessent
The US treasury secretary said the way for China to bolster its economy “is through a level of fiscal stimulus and to stop ...
Treasury Secretary Scott Bessent "confident" U.S.-China trade details "will be ironed out" when Trump, Xi talk
Treasury Secretary Scott Bessent said he believes President Trump and Chinese President Xi Jinping will speak soon, after Mr.
Bessent says China has a ‘choice’ on whether or not to be a reliable partner
He reiterated China needs to shift to a more consumption-led economy to help ease global imbalances.  Read more at ...
Bessent says it was ‘highly inappropriate’ for courts to block Trump tariffs after Senate ‘chose not to’
A trade court blocked the tariffs Wednesday, saying Trump didn't have the authority to impose them, but they have been ...
Bessent: Laws of Economics and Gravity Apply to the Chinese Economy and System Just Like Everyone Else
Treasury Secretary Scott Bessent responded to JP Morgan CEO Jamie Dimon's assessment thaf the Chinese "are not scared" in ...
Mark Cuban says businesses are stuck in a tariff guessing game — and that's keeping prices in check
Mark Cuban said that tariff unpredictability is forcing businesses to stockpile and preventing price hikes, keeping inflation ...
Trump Raises Steel Tariffs To 50%—Here Are The 21 Times He’s Changed His Mind
Trump and his aides have repeatedly shifted their stance on tariffs in the weeks since the president’s “Liberation Day” announcement.