News

Japan Seeks US Tariff Talks During Bessent Visit, Yomiuri Reports
Japan is likely to seek a telephone conversation between Akazawa and Bessent before the latter arrives and an in-person ...
Bessent: US will collect more than $300B in tariffs this year
By Naveen Athrappully Contributing Writer The United States is on track to potentially raise “well over $300 billion” in ...
US could collect $300 billion in tariff revenue this year, Treasury chief says
Treasury Secretary Scott Bessent on Tuesday said the U.S. has taken in about $100 billion in tariff income so far this year, ...
Treasury secretary says countries without trade deals will see tariffs 'boomerang' to April rates by Aug. 1
Steep tariff rates are set to go back into effect after a 90-day pause on the April 2 rates that rocked the stock market.
Tariffs will revert to April levels if countries don't make a deal by August 1, Bessent says
Tariffs are set to return to President Donald Trump's original April levels without new trade deals by August 1, Treasury ...
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Scott Bessent predicts $300B+ in tariff revenue for 2025
The announcement represents a win for the administration, which has positioned tariffs as both a means of equalizing trade and raising revenue.
Bessent: Foreign Manufacturers Are Taking Tariff Costs Into Their Margins
Treasury Secretary Scott Bessent makes the case that Trump's tariffs have not caused inflation, or even significant price ...
Trump's previous tariff push terrified the world economy. He's betting this time is different
The last time President Donald Trump rolled out tariffs this high, financial markets quaked, consumer confidence crashed and ...