Scott Bessent, Walmart and tariffs
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Japan’s Finance Minister said he’s arranging a bilateral meeting with US Treasury Secretary Scott Bessent this week to discuss topics including currency matters, triggering further gains in the yen.
U.S. Treasury Secretary Scott Bessent will attend the Group of Seven finance leaders' meeting in Canada next week and will seek to refocus the group on addressing trade imbalances and non-market economic practices,
Peter Schiff criticized Scott Bessent for downplaying Trump's tax cuts in the recent Moody's downgrade, instead blaming Biden administration.
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Treasury Secretary Scott Bessent warned on Sunday that tariff rates will go back to "reciprocal" levels if countries do not make trade deals with the US during the 90-day pause. “President Trump has put them on notice that if you do not negotiate in good faith,
Treasury Secretary Scott Bessent stated that the Trump administration’s tariff overhaul has positioned the U.S. for better trade deals with foreign countries, while downplaying Moody’s