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Treasury Secretary Scott Bessent on Tuesday said the U.S. has taken in about $100 billion in tariff income so far this year, ...
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.
The announcement represents a win for the administration, which has positioned tariffs as both a means of equalizing trade and raising revenue.
Trump and his aides have repeatedly shifted their stance on tariffs since the president’s “Liberation Day” announcement.
Treasury Secretary Scott Bessent makes the case that Trump's tariffs have not caused inflation, or even significant price ...
Tariffs are center stage for investors this week, although the White House has extended the pause on so-called reciprocal ...
On CNN, Treasury Secretary Scott Bessent discussed President Trump's tariff strategy as demand letters are sent out.