1 day ago · 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.

1 day ago · 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% ...

1 day ago · 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 ...

1 day ago · Donald Trump’s Treasury Secretary pick, Scott Bessent, is pushing for new universal tariffs on US imports to start at 2.5% and rise gradually, per the Financial Times.

1 day ago · WASHINGTON (AP) — The U.S. Senate confirmed billionaire investor Scott Bessent on Monday to serve as President Donald Trump’s treasury secretary, giving him the delicate balancing act of cutting taxes and curbing deficits while putting forward a plan on tariffs that doesn’t jeopardize growth.. He cleared the Senate roll call with bipartisan support, in …

Jan 16, 2025 · If confirmed, Bessent will be responsible for implementing Trump's proposed economic policies, including tax cuts and sweeping tariffs. Trump's promised tax cuts, and their potential...

1 day ago · The Senate voted 68-29 Monday to confirm Scott Bessent to lead the Treasury Department.. Why it matters: A financier focused on global macroeconomics, Bessent will play a key role in shepherding administration efforts to extend the 2017 tax cuts and will be an influential voice on trade policy as Trump seeks to impose higher tariffs on U.S. imports. ...

2 days ago · The Senate voted 68 to 29 to confirm Scott Bessent, a billionaire hedge fund manager, as the next Treasury secretary. ... rolling back financial regulations and imposing tariffs as the president ...

Jan 16, 2025 · Ongoing uncertainty around tariffs was one of many issues before Treasury secretary pick Scott Bessent as he faced the Senate Thursday and asked for confirmation as Donald Trump’s top economic...

Jan 16, 2025 · Scott Bessent suggested that president-elect Donald Trump would use tariffs in a range of ways, including to tackle unfair trade practices, raise revenues for the US government and strike...