News list for "Bessant said"
US Treasury Secretary Vincent Bescent said on Sunday that tariffs announced in April would take effect again on August 1 for countries that do not have a trade deal with the Trump administration. "President Trump is going to send a letter to some of our trading partners saying that if you do not act, then on August 1 your tariffs will return to the levels of April 2," Mr. Bescent said.
On July 7, U.S. Treasury Secretary Vincent Bescent said on Sunday that tariffs announced in April this year will come back into effect on August 1 for countries that do not have a trade deal with the Trump administration. "President Trump will be sending a letter to some of our trading partners saying that if you do not act, then on August 1, your tariffs will return to the levels they were on April 2," Bescent said. On August 1, countries that do not have a deal will "receive a letter," he said...
The Trump administration's trade deal agenda could be wrapped up by Labor Day (Sept. 1), U.S. Treasury Secretary Vincent Bescent said, suggesting that some talks could stretch beyond the July 9 deadline. "There are countries that come to us with really good deals," Bescent said on the television program Friday, highlighting comments by Commerce Secretary Lutnik the day before that the White House was close to planning a deal with 10 major trading partners. Bescent reiterated that important trade...
As the head of US negotiations with a number of Asian trading partners, Mr. Bessant said more deals could be announced within the 90-day timeout and said Mr. Trump's new threat was a response to the pace of European Union negotiations. Click to view...
Scott Bessant, US Treasury secretary, said Republicans were considering all options to deliver on the tax cuts President Trump promised during his campaign, including increasing taxes on wealthy Americans. "We'll see where the president stands on this," Mr. Bessant said in an interview on Monday during a trip to Argentina. "Everything is on the table."
US Treasury secretary Scott Bescent said he had personally vetted Treasury employees on Elon Musk's government efficiency team who had read-only access to federal payments data and that the Treasury payments system had not been modified. "This is an operational plan to suggest improvements," Mr. Bescent said in an interview on Thursday. "The ability to change the system is in the hands of the Fed. This system is not even run by us." Mr. Bescent is confident in Mr. Musk's team,...
