Tag: Scott Bessent

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Bessent Defends Trump’s Tariffs, Denies They Burden American Consumers

US Treasury Secretary Scott Bessent has rejected claims that President Donald Trump’s sweeping tariffs amount to a hidden tax on American consumers. In a...

Treasury Chief Warns U.S.-China Trade War ‘Unsustainable’ as Trump Pushes Fed to Cut Rates

In a closed-door speech for JPMorgan Chase, U.S. Treasury Secretary Scott Bessent warned that the escalating trade war with China is "unsustainable" and expects...