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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.
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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.
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1 month 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.
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1 month 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.
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1 month ago | 
bloomberglinea.com | Christopher Anstey |Liz McCormick
Bloomberg — El secretario del Tesoro, Scott Bessent, rechazó la idea de que las subidas de aranceles del presidente Donald Trump vayan a desencadenar una nueva ola de inflación, y sugirió que la Reserva Federal debería considerar que tienen un impacto puntual. “He acordado no hablar sobre la política prospectiva de la Reserva Federal en el futuro”, dijo Bessent al responder preguntas tras un discurso en el Club Económico de Nueva York.
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1 month ago | 
news.bloomberglaw.com | Christopher Anstey |Liz McCormick
Treasury secretary says tariffs are ‘transitory’ for inflationBessent says trade levies don’t have to be regressiveTreasury Secretary Scott Bessent rejected the idea that President Donald Trump’s tariff hikes will ignite a new wave of inflation, and suggested that the Federal Reserve ought to view them as having a one-time impact. “I’ve agreed not to talk about prospective Fed policy going forward, “ Bessent said while answering questions after a speech at the Economic Club of New York.
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1 month ago | 
asreport.americanbanker.com | Christopher Anstey |Liz McCormick
(Bloomberg) -- Treasury Secretary Scott Bessent rejected the idea that President Donald Trump's tariff hikes will ignite a new wave of inflation, and suggested that the Federal Reserve ought to view them as having a one-time impact. "I've agreed not to talk about prospective Fed policy going forward, " Bessent said while answering questions after a speech at the Economic Club of New York.
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1 month ago | 
news.bloomberglaw.com | Christopher Anstey |Liz McCormick
Treasury secretary says tariffs are ‘transitory’ for inflationBessent says trade levies don’t have to be regressiveTreasury Secretary Scott Bessent rejected the idea that President Donald Trump’s tariff hikes will ignite a new wave of inflation, and suggested that the Federal Reserve ought to view them as having a one-time impact. “I’ve agreed not to talk about prospective Fed policy going forward, “ Bessent said while answering questions after a speech at the Economic Club of New York.
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1 month ago | 
msn.com | Enda Curran |Christopher Anstey
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2 months ago | 
bloomberglinea.com | Daniel Flatley |Christopher Anstey
Bloomberg — El secretario del Tesoro de Estados Unidos, Scott Bessent, dijo que mantendrá su primera llamada de presentación con su homólogo chino el viernes, y reiteró los antiguos llamamientos de EE.UU. para que su mayor rival geoestratégico reequilibre su economía hacia el consumo interno. “Tengo mi primera llamada con mi homólogo chino mañana por la mañana, así que espero tener una discusión muy productiva”, dijo Bessent el jueves en una entrevista con el programa de Bloomberg Television .
