News

Tariff hikes have already helped the U.S., Bessent says
Treasury Secretary Scott Bessent said in a Cabinet meeting that tariff hikes have already helped the U.S. "We will have taken in about $100 billion in tariff income this far this year," Bessent said.
Just The News1h
Scott Bessent predicts $300B+ in tariff revenue for 2025
The announcement represents a win for the administration, which has positioned tariffs as both a means of equalizing trade and raising revenue.
US received $100 billion in tariffs so far, may hit $300 billion by year-end, says Scott Bessent
The United States has collected $100 billion in tariffs so far this year, a figure that could triple to $300 billion by ...
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.
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 ...
Bessent: Tariffs will ‘boomerang' back to April levels by Aug. 1 for countries without deals
President Donald Trump in April announced a 90-day pause on the tariffs he had unveiled just days prior on virtually every ...
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.