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Scott Bessent Pushes Universal Tariff Plan
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.
Trump, tariffs
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 to be announced in the coming days. Scott Bessent, the hedge fund manager who was confirmed as the next Treasury secretary on Monday,
Here’s how much gas could cost you if Trump’s threatened tariffs go through
President Trump has threatened to place 25% tariffs on Canada and Mexico as soon as this Saturday, potentially disrupting the relatively stable prices drivers have been paying for gasoline during a seasonally slow period for fuel demand.
Trump Wants to Enact Tariffs That Are ‘Much Bigger’ Than 2.5%
Good morning. Trump wants tariffs to exceed 2.5%. Europe’s IPO pipeline is expected to expand. And Tiffany’s morale-boosting internal app has been a let down. Listen to the day’s top stories.
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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 ...
13d
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 ...
1d
DXY: Tariff concerns re-surface – OCBC
If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any ...
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