News

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, ...
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 ...
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 ...
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 ...
Bessent: Tariffs will ‘boomerang' back to April levels by Aug. 1 for countries without deals
President Donald Trump in April announced a 90-day pause on the tariffs he had unveiled just days prior on virtually every ...
Scott Bessent Claims More Trade Deals Are Coming Despite Limited Progress
U.S. Treasury Secretary Scott Bessent on Sunday warned that countries that don’t make trade deals with the U.S. will return ...
Trump team moves goalposts on tariffs again
Tariffs will revert back to their April 2 rates on Aug. 1 for countries that fail to nail down new trade deals with the ...