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Scott Bessent Pushes Universal Tariff Plan
Scott Bessent pushes gradual 2.5% universal US tariffs plan
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.
Scott Bessent Pushes Universal Tariff Plan as U.S. Treasury Secretary
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%, increasing by 2.
‘Golden age starts now’: Scott Bessent becomes Donald Trump’s treasury secretary, pushes universal 2.5% tariff plan
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 currency,
Trump, tariffs
Trump wants a universal tariff rate 'much bigger' than 2.5%
President Donald Trump has once again ramped up his tariff rhetoric, with traders now expecting potentially harsher tariffs to be announced in the coming days. Scott Bessent, the hedge fund manager who was confirmed as the next Treasury secretary on Monday,
New Trump tariffs could put even more downward pressure on economy because they’re less targeted
Trump has threatened still more tariffs, proposing 25% on goods from Mexico and Canada, an additional 10% on China and 25% on Colombia after that country initially refused deportation flights from the U.
How Trump's plan for tariffs could have impacts on national interest rates
President Donald Trump's plan for international tariffs could have impacts on national interest rates. The Federal Reserve is keeping a close eye on inflation as Trump considers new tariffs on Mexico and Canada.
2d
Scott Bessent confirmed as Treasury secretary. He’ll have a key role in extending Trump’s tax cuts.
The U.S. Senate confirmed billionaire investor Scott Bessent on Monday to serve as President Donald Trump’s Treasury ...
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DXY: Tariff concerns re-surface – OCBC
If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any ...
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