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WASHINGTON – Treasury Secretary Scott Bessent on Sunday played down inflation risks from the Trump administration's tariffs, saying that he spoke to the head of Walmart and the retailer's warnings of ...
"If we were to give too much certainty to the other countries, then they would play us in the negotiations," Bessent told CNN.
The treasury secretary said Sunday that countries that do not engage in "good faith" negotiations could face a return to the tariff levels announced on April 2.
Treasury Secretary Bessent told NBC that if nations don't want to negotiate with the US, then their tariffs will "spring back ...
The United States may impose regional tariffs rather than issue blanket ones as a deadline approaches for racing a global ...
Treasury Secretary Scott Bessent stated that the Trump administration’s tariff overhaul has positioned the U.S. for better ...
There are 18 “important” trading partners that the United States is most focused on solidifying deals with, Bessent said. He did not say how quickly tariff rates could revert to “reciprocal” rates.
The status quo of large U.S trade deficits cannot persist, Treasury Secretary Scott Bessent said. "Intentional policy choices by other countries have hollowed out America’s manufacturing sector ...
"There is an opportunity for a big deal here," between the U.S. and China, Treasury Secretary Scott Bessent said. The U.S. needs to rebalance to more manufacturing and exports and away from ...
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