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US could collect $300 billion in tariff revenue this year, Treasury chief says
Treasury Secretary Scott Bessent on Tuesday said the U.S. has taken in about $100 billion in tariff income so far this year, ...
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Scott Bessent Says Tariffs Will Result In $300B Windfall This Year As Trump Holds Firm On August Deadline
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, ...
Scott Bessent to meet Chinese officials after new tariff deals
Treasury Secretary Scott Bessent said Monday that he will meet with his Chinese counterpart, which follows “good meetings” he ...
Scott Bessent Claims More Trade Deals Are Coming Despite Limited Progress
U.S. Treasury Secretary Scott Bessent on Sunday warned that countries that don’t make trade deals with the U.S. will return ...
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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U.S. Treasury Eyes $300 Billion Tariff Growth Amid Trump's Trade Policies
U.S. Treasury Secretary Scott Bessent announced potential tariff collections of $300 billion by the end of 2025, following ...
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 Trade Letters Go Out Today, More Deals in Next ‘48 Hours’
The U.S. is set to announce “several” trade deals over the next 48 hours, Treasury Secretary Scott Bessent said Monday.