U.S., China Agree to Large Tariff Cuts
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During an oversight hearing, Rep. Mark Pocan (D-WI) pressed Treasury Secretary Scott Bessent over who pays the tariffs imposed by President Trump. American businesses that import goods initially pay tariffs,
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The New Republic on MSNTrump Treasury Secretary Crashes When Asked Easy Question on TariffsU.S. Judge Beryl Howell issued a permanent injunction against the president Friday night, ruling that his executive order targeting the law firm Perkins Coie was not only unconstitutional but amounted to an “unprecedented attack” on the pillars of the judicial system.
Rep. Mark Pocan (D-WI) was clearly unsatisfied with the stumbling response from Treasury Secretary Scott Bessent when asked who pays tariffs.
Rep. Nydia Velazquez grandstands while questioning Treasury Secretary Scott Bessent about ongoing trade negotiations during a Financial Services Hearing on Wednesday: REP NYDIA VELAZQUEZ: Secretary Bessent,
U.S. Treasury Secretary Scott Bessent hailed the progress made with China on tackling fentanyl at trade talks in Switzerland, saying Beijing is "now serious" about the issue.
Treasury Secretary Scott Bessent said the Chinese Communist Party did not follow through on its previous trade deal with the United States because the Biden administration failed to enforce it.