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 ...
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 ...
Why Trump's 'July 9' tariff deadline appears to be more like Aug. 1 (or even Labor Day)
Donald Trump's trade plans are likely to be significantly clearer by the end of this week, but an array of comments from the ...
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 ...
Trump to put 25% tariffs on Japan and South Korea
President Donald Trump on Monday placed a 25% tax on goods imported from Japan and South Korea, citing persistent trade ...