Scott Bessent pushes gradual 2.5% universal US tariffs plan
Donald Trump’s Treasury secretary Scott Bessent is pushing for new universal tariffs on US imports to start at 2.5 per cent and rise gradually, said four people familiar with the proposal.
‘Golden age starts now’: Scott Bessent becomes Donald Trump’s treasury secretary, pushes universal 2.5% tariff plan
Scott Bessent has been confirmed as US Treasury Secretary, advocating for universal tariffs starting at 2.5%. He aims to eliminate taxes, implement a consumption tax, and adopt a gold-backed currency,
Scott Bessent Pushes Universal Tariff Plan as U.S. Treasury Secretary
Newly confirmed U.S. Treasury Secretary Scott Bessent is advocating a plan to impose universal tariffs on imports, according to the Financial Times. The proposal suggests starting tariffs at 2.5%, increasing by 2.
Senate confirms Scott Bessent as Trump's Treasury secretary
Bessent, 62, is a longtime hedge fund manager, Trump donor and adviser. He'll be the point person for Trump on a host of key economic issues.
Trump's Treasury pick Scott Bessent pushes universal 2.5% tariff plan that would rise each month: Report
President Donald Trump's Treasury secretary pick, Scott Bessent, pushes for new tariffs and warns of a 'calamity' if tax cuts expire. Confirmed by the Senate, Bessent emphasizes reducing taxes, increasing oil production to control prices,
Scott Bessent, hedge fund billionaire, is Trump's treasury secretary
Scott Bessent, a billionaire hedge fund manager, will lead President Donald Trump's financial agenda as treasury secretary.
Bessent: Carbon tariffs could be part of an overall tariff program
President-elect Donald Trump's pick for U.S. Treasury Secretary, Scott Bessent, told U.S. senators on Thursday he is ...
Bessent defends tariffs in part by saying dollar will gain, but there's skepticism over that
When asked to defend Trump's tariff plans, Bessent said in part that the U.S. dollar could appreciate by 4% in response to a ...
Bessent: China Will Cut Prices In Response To Tariffs So They Can Continue To "Export Their Way Out Of Economic Malaise"
Scott Bessent told Sen. Ron Wyden, during his confirmation hearing to serve as Donald Trump's Treasury Secretary, he believes ...
Japan to cooperate with Bessent on forex, other issues
Japanese Finance Minister Katsunobu Kato and U.S. Treasury secretary Scott Bessent will cooperate on issues including forex, ...
Trump wants a universal tariff rate 'much bigger' than 2.5%
President Donald Trump has once again ramped up his tariff rhetoric, with traders now expecting potentially harsher tariffs ...
Scott Bessent confirmed as treasury secretary, giving him a key role in extending Trump’s tax cuts
The U.S. Senate has confirmed billionaire investor Scott Bessent as President Donald Trump’s treasury secretary.
Scott Bessent wins Senate confirmation to become Treasury secretary
The U.S. Senate confirmed billionaire investor Scott Bessent on Monday to become the next Treasury secretary and enact the ...
Trump's orbit is trying to calm markets on tariffs — even if Trump has a different approach
New mixed messages this week about President Donald Trump's implementation of tariffs are flummoxing markets and businesses ...