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The U.S. expects a mighty windfall from President Donald Trump’s “reciprocal tariffs” even as their implementation is fraught with uncertainties. While speaking at a Cabinet Committee meeting, ...
Treasury Secretary Scott Bessent on Tuesday said the U.S. has taken in about $100 billion in tariff income so far this year, ...
U.S. Treasury Secretary Scott Bessent announced potential tariff collections of $300 billion by the end of 2025, following ...
The announcement represents a win for the administration, which has positioned tariffs as both a means of equalizing trade and raising revenue.
Treasury Secretary Scott Bessent makes the case that Trump's tariffs have not caused inflation, or even significant price ...