News

Treasury secretary says countries without trade deals will see tariffs 'boomerang' to April rates by Aug. 1
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.
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 ...
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Bessent’s warning to countries as tariff deadline nears, ‘…unless you want to come back and try to negotiate’
Bessent confirmed that US allies and trading partners have been scrambling to finalise trade deals before the looming July 9 ...
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 ...
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 ...
'He's taxing us': Trump makes new tariff threats
The president issued letters to several countries, including South Korea and Japan, warning that the tariff rate on their ...
Treasury Secretary Scott Bessent Discusses Trump Tariff Strategy As Letters Go Out
On CNN, Treasury Secretary Scott Bessent discussed President Trump's tariff strategy as demand letters are sent out.
Dow down 100 points as soft tariff deadline approaches
U.S. stocks opened lower on Monday as investors kept an eye out for more trade-related news as President Donald Trump's flexible July 9 deal deadline approached. Treasury Secretary Scott Bessent said ...