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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.
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.
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 ...
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 ...
Tariff rates to return to April levels if August trade deal deadline unmet, Bessent says
Treasury Secretary Scott Bessent said Sunday that counties that do not make deals with the United States by August will see ...
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 ...