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Pocan kept asking Bessent who pays tariffs, at one point saying, “You clearly aren’t going to answer the question.” Pocan runs a small specialty printing business in Wisconsin.
Some major U.S. trading partners may be given extensions on the July 9 deadline before the Trump administration imposes its steep, so-called reciprocal tariffs, Treasury Secretary Scott Bessent said ...
The U.S. debt-limit deadline could arrive sooner if courts order the Treasury to pay back tariff revenue, Treasury Secretary Scott Bessent told reporters Friday. “We’re on the warning track,” he said.
Democratic Rep. Mark Pocan asked Treasury Secretary Scott Bessent on Tuesday during House testimony: "Who pays tariffs?" REP. MARK POCAN: My question, who pays tariffs, Mr. Secretary?
The US and China stepped closer to a full tariff and trade deal on Thursday, making a pact to formally cement the informal ...
Treasury Secretary Scott Bessent acknowledged that Walmart, the largest US retailer, may pass along some of the costs from President Donald Trump’s tariffs to its shoppers through higher prices.
President Trump said the United States would send out letters telling other countries “what they have to pay,” even as other ...
Economist Peter Schiff called Treasury Secretary Scott Bessent "a very smart man" after a viral hearing clip showed the Cabinet official stumbling over a simple question about who ultimately pays ...
Treasury Secretary Scott Bessent has offered new insights into the Trump administration's trade negotiations with China.
Treasury Secretary Scott Bessent said the Trump administration has “70 negotiations lined up” with foreign governments on a wave of tariffs that kicked in overnight. “I am not planning on ...