The Supreme Court last month ruled that President Donald Trump's sweeping global tariffs are not authorized under the law ...
Treasury Secretary Scott Bessent also predicted that overall tariff rates, which fell after a Supreme Court ruling last month ...
Bessent also predicted tariff rates would return to what they were before the Supreme Court ruled Trump’s sweeping global ...
“It’s my strong belief that the tariff rates will be back to their old rate within five months,” Secretary Bessent said.
President Donald Trump said he will increase the global 10% tariff he announced one day earlier to 15%, stirring up more ...
CBO estimated the Supreme Court ruling that IEPPA tariffs are illegal will reduce revenue by $1.6 trillion through 2036 assuming no refunds, which matches ...
The change surprised executives and foreign leaders, who had been expecting the 15 percent rate the president announced on ...
A defiant President Trump now says he’s raising the global tariff rate from 10% to 15% after a crushing defeat from the Supreme Court.
Scott Bessent says that "likely sometime this week" the US will increase its global tariff on imports from the existing 10%.
The 10% tariffs only last five months, but Trump said that would allow his administration to complete investigations to enhance tariffs.
U.S. Treasury Secretary Scott Bessent said on Wednesday the new temporary global tariff rate of 15% was expected to take effect sometime this week.
WASHINGTON, March 4 (Reuters) - U.S. Treasury Secretary Scott Bessent said on Wednesday that an increase in President Donald ...