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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's tariff threats could impact foreign policy
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,
Trump Renews Universal Tariff Threat to ‘Protect Our Country’
President Donald Trump said he wants to impose across-the-board tariffs that are “much bigger” than 2.5%, the latest in a string of signals that he’s preparing widespread levies to reshape US supply chains.
How Trump's tariff threats could impact foreign policy
President Donald Trump is showing no hesitation in using his tariff power right out of the gate in his second term. Experts weigh in on how his strategy could impact foreign relations.
1d
on MSN
Scott Bessent confirmed as treasury secretary, giving him a key role in extending Trump’s tax cuts
Bessent, a past supporter of Democrats who once worked for George Soros, has become an enthusiastic supporter of Trump.
13d
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 ...
10h
Japan to Cooperate With Bessent on Forex, Other Issues
TOKYO (Reuters) - Japanese Finance Minister Katsunobu Kato and U.S. Treasury secretary Scott Bessent will cooperate on issues ...
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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