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Tariffs live updates: Bessent says tariffs may return to 'reciprocal' levels if deals aren't made
Treasury Secretary Scott Bessent warned on Sunday that tariff rates will go back to "reciprocal" levels if countries do not make trade deals with the US during the 90-day pause. “President Trump has ...
Treasury Sec. Bessent says ‘neither side backed down’ as U.S. and China slash tariffs
Treasury Secretary Scott Bessent tells Meet the Press that, after his negotiations with Chinese officials, both countries ...
Scott Bessent Hails China Progress on Fentanyl
U.S. Treasury Secretary Scott Bessent hailed the progress made with China on tackling fentanyl at trade talks in Switzerland, saying Beijing is "now serious" about the issue.
Bessent sees tariff agreement as progress in ‘strategic' decoupling with China
The trade pact reached over the weekend represents another stage in the U.S. shaking its reliance on Chinese products, the ...
Bessent: Countries bringing ‘good proposals’ with ‘a few exceptions’
Treasury Secretary Scott Bessent stated that the Trump administration’s tariff overhaul has positioned the U.S. for better ...
Trade Talks With China Have Not Started, Bessent Says
The Treasury secretary said that trade deals with other U.S. trading partners could be announced as soon as this week.
Secretary Bessent sends message on Walmart price increases due to tariffs
Consumers have been pinching pennies since skyrocketing inflation in 2022 took a toll on their wallets, and worries that ...
Scott Bessent says Walmart will absorb some tariff costs – but shoppers may still pay more
Treasury Secretary Scott Bessent said retail giant Walmart "will be absorbing" the impact of President Donald Trump's ...