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: 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: 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 ...
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Treasury Nominee Bessent Defends Trump Policies in Testimony; Promises to Press China to Resume Ag Purchases in Phase 1 Agreement
Treasury Secretary nominee Scott Bessent outlined a three-pronged approach to tariffs during his Senate testimony this week, ...
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Trump Treasury nominee appears open to carbon tariffs
Scott Bessent called carbon tariffs against the Chinese an “interesting idea” but balked at the idea of a “clean energy race.
The ‘Trump bump’ has survived tariff announcements—but will it survive the good, the bad, and the unknown in his cabinet?
Trump's picks fit into three groups: the fortifiers (the good), the detractors (the bad), and the mercurial influencers who ...
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Trump Tariffs Will Not Tame China’s Trade Surplus
Correcting the major imbalances in the global economy will require collaborative international action. If he wants results, ...
Dollar treads water ahead of CPI, tariffs remain in focus
The dollar weakened against the euro on Tuesday but stayed near its highest level in more than two years as ...