Bessent: Trump will be ready to negotiate tariffs ‘at a point’
- Treasury Secretary Scott Bessent communicated to President Donald Trump the need for aligned messages on tariffs to avoid further market turmoil and to focus on better trade deals with foreign nations.
- After Trump's tariff announcement, approximately 70 countries approached the U.S. Administration to discuss trade issues, highlighting the global response to the new duties, according to administration officials.
- Trump expressed a willingness to escalate tariffs on China if they retaliate, indicating he is prepared for political and financial fallout as the new tariffs take effect this week.
- Bessent noted that Japan would likely be prioritized for negotiations, emphasizing both military and economic ties, while acknowledging that negotiations will be tough due to an 'unfair playing field.
38 Articles
38 Articles
'Blatantly lying': Economists whack Trump official's attempt to blame Biden for turmoil
Trump Treasury Secretary Scott Bessnet on Wednesday tried to shrug off turmoil in the American economy by placing the blame for any troubles on former President Joe Biden.During an appearance on Maria Bartiromo's show on Fox Business, Bartiromo grilled Bessnet about the CEO of a major company who to...
David Harsanyi: Does Trump have a Plan B if his tariffs plunge us into recession?
TREASURY Secretary Scott Bessent cautioned last month that Americans will likely experience “a detox period” after President Donald Trump implements his wide-ranging tariffs.
Markets will keep tanking until Trump tells them what it is he actually wants, Treasury's Bessent reportedly tells president
Trump told to provide a roadmap to investors how he intends to chart a way out of the tariff crisis he has unleashed before it spirals out of control.
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