Christopher Anstey

2 weeks ago | news.bloomberglaw.com | Daniel Flatley |Christopher Anstey

The Treasury Department said it’s now looking at “enhancements” to its buybacks of older US government debt securities, just weeks after Scott Bessent hinted at the potential to beef up the program in the event of any major market turmoil. “Treasury will evaluate a broad range of possible enhancements such as: changes to maximum purchase amounts, buyback operation scheduling and frequency” and other details, it said in a statement Wednesday.

1 month ago | news.bloomberglaw.com | Christopher Anstey |Daniel Flatley |Tyler S. Kendall

Treasury Secretary Scott Bessent said that as the Trump administration imposes specific reciprocal-tariff rates on US trading partners, there’ll be a focus on particular nations deemed most responsible for unfair commercial practices. “What’s going to happen on April 2: Each country will receive a number that we believe that represents their tariffs” in effect against the US, Bessent said in an interview with Fox Business’ Maria Bartiromo Tuesday. “For some countries it could be quite low.

1 month ago | news.bloombergtax.com | Christopher Anstey |Daniel Flatley |Tyler S. Kendall

Treasury Secretary Scott Bessent said that as the Trump administration imposes specific reciprocal-tariff rates on US trading partners, there’ll be a focus on particular nations deemed most responsible for unfair commercial practices. “What’s going to happen on April 2: Each country will receive a number that we believe that represents their tariffs” in effect against the US, Bessent said in an interview with Fox Business’ Maria Bartiromo Tuesday. “For some countries it could be quite low.

2 months ago | financialpost.com | Hadriana Lowenkron |Christopher Anstey

'You think it’s about a trade war — this is their way of getting election votes,' says U.S. commerce secretary  •   •  You can save this article by registering for free here. Or sign-in if you have an account.

2 months ago | financialpost.com | Hadriana Lowenkron |Christopher Anstey

Commerce Secretary Howard Lutnick praised the UK and Mexico for refraining from engaging in tit-for-tat tariff hikes with the US, warning that those trading partners that upset President Donald Trump with their responses to American protectionist steps open themselves to a severe reaction.