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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.
Tariff rates to return to April levels if August trade deal deadline unmet, Bessent says
Treasury Secretary Scott Bessent said Sunday that counties that do not make deals with the United States by August will see ...
Tariffs, Fed Minutes, Delta Results: Still to Come This Week
Tariffs are center stage for investors this week, although the White House has extended the pause on so-called reciprocal ...
Tariff hikes have already helped the U.S., Bessent says
Treasury Secretary Scott Bessent said in a Cabinet meeting that tariff hikes have already helped the U.S. "We will have taken in about $100 billion in tariff income this far this year," Bessent said.
US received $100 billion in tariffs so far, may hit $300 billion by year-end, says Scott Bessent
The United States has collected $100 billion in tariffs so far this year, a figure that could triple to $300 billion by ...
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 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 ...
Treasury Secretary Scott Bessent Plans China Talks Amid Trump's Escalating Tariff Push
Treasury Secretary Scott Bessent announced plans to meet with his Chinese counterpart in the coming weeks to advance trade ...