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Treasury Secretary Scott Bessent says Trump's 'strategic uncertainty' is a negotiating tactic
"So, if we were to give too much certainty to the other countries, then they would play us in the negotiations," Bessent said ...
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Moody's downgrade intensifies investor worry about US fiscal path
The ratings agency cut America's pristine sovereign credit rating by one notch on Friday, the last of the major ratings agencies to downgrade the country, citing concerns about the nation's growing $3 ...
US Treasury Sec. Bessent warns of tariffs rates to ‘reciprocal’ level if no trade deal
US Treasury Secretary Scott Bessent told CNN News on Sunday, President Donald “Trump has put them on notice that if you do ...
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Treasury Secretary Scott Bessent: Tariffs Will Likely Lead To Price Increases
Treasury Secretary Scott Bessent conceded on Sunday that President Donald Trump’s tariffs could increase prices for consumers ...
Treasury Sec. Bessent dismisses Moody’s US downgrade as Trump tax-cut debate continues
Treasury Secretary Scott Bessent on Sunday dismissed Moody’s downgrade of the US sovereign credit rating, saying President Trump’s administration would ensure US economic growth ...
Scott Bessent says Walmart will absorb some tariff costs – but shoppers may still pay more
Bessent told CNN's "State of the Union" May 18 that he spoke with Walmart CEO Doug McMillon the day before, when Trump told the company on Truth Social that they should "' EAT THE TARIFFS ," and not ...
US Treasury's Bessent to attend G7 finance meeting, focus on imbalances
U.S. Treasury Secretary Scott Bessent will attend the Group of Seven finance leaders' meeting in Canada next week and will ...
Bessent warns tariffs will return to ‘Liberation Day’ rates if negotiations aren’t in good faith
Treasury Department Secretary Scott Bessent on Sunday warned that tariffs on trading partners could go back to the rate ...
May 18 — Mike Pence, Sec. Scott Bessent and Sen. Chris Murphy
Former Vice President Mike Pence shares his views on the second Trump administration. Treasury Secretary Scott Bessent ...
Treasury Sec. Bessent says ‘neither side backed down’ as U.S. and China slash tariffs
Treasury Secretary Scott Bessent tells Meet the Press that, after his negotiations with Chinese officials, both countries ...
Scott Bessent says tariff rates will return to ‘reciprocal’ levels if countries don’t reach trade deals with US
There are 18 “important” trading partners that the United States is most focused on solidifying deals with, Bessent said. He did not say how quickly tariff rates could revert to “reciprocal” rates.