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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.
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.
‘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,
Trump, tariff
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,
New Trump tariffs could put even more downward pressure on economy because they’re less targeted
Trump has threatened still more tariffs, proposing 25% on goods from Mexico and Canada, an additional 10% on China and 25% on Colombia after that country initially refused deportation flights from the U.
Trump's pick for commerce says president's tariff threat could be just the beginning
The man U.S. President Donald Trump has chosen to oversee his tariff agenda says hitting Canada with 25 per cent across-the-board duties would be an emergency measure to achieve border security — and could be followed by more tariffs in the future.
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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 ...
2d
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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