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Treasury Secretary Scott Bessent says Trump's 'strategic uncertainty' is a negotiating tactic
"So, if we were to give too much certainty to the other countries, then they would play us in the negotiations," Bessent said ...
Trump and China close in on trade deal after productive talks, Bessent says
President Donald Trump's Treasury Secretary Scott Bessent provided an update on its productive trade negotiations with China.
Scott Bessent says tariff rates will return to ‘reciprocal’ levels if countries don’t reach trade deals with US
There are 18 “important” trading partners that the United States is most focused on solidifying deals with, Bessent said. He did not say how quickly tariff rates could revert to “reciprocal” rates.
Scott Bessent says Trump will raise tariffs again on any nation that doesn't negotiate in 'good faith'
Treasury Secretary Bessent told NBC that if nations don't want to negotiate with the US, then their tariffs will "spring back ...
US makes ‘substantial progress’ in China tariff talks, Treasury Secretary Scott Bessent says
U.S. negotiators said Sunday that “substantial progress” was made and “perhaps the differences weren’t so large” after two ...
Bessent warns tariffs will return to ‘Liberation Day’ rates if negotiations aren’t in good faith
Treasury Department Secretary Scott Bessent on Sunday warned that tariffs on trading partners could go back to the rate ...
Bessent weighs in tariff price hikes at Walmart
Treasury Secretary Scott Bessent acknowledged Sunday that Walmart, the largest U.S. retailer, may pass along some of the ...