Scott Bessent, Trump and tariffs
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tariffs, Walmart and Scott Bessent
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Trump and his aides have repeatedly shifted their stance on tariffs in the weeks since the president’s “Liberation Day” announcement.
Treasury Secretary Scott Bessent downplayed the U.S. credit downgrade as a "lagging indicator" of economic and fiscal conditions, after Moody's took the U.S. off its top tier.
Peter Schiff criticized Scott Bessent for downplaying Trump's tax cuts in the recent Moody's downgrade, instead blaming Biden administration.
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.
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Japan’s Finance Minister Shunichi Kato said on Tuesday that he expects any talks with US Treasury Secretary Scott Bessent this week to be based on this understanding of foreign exchange.
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
Treasury Secretary Scott Bessent conceded on Sunday that President Donald Trump’s tariffs could increase prices for consumers. Walmart CEO Doug
This is the first time we’ve met, is that correct?” she asked, attempting to make a point about Bessent not being responsive to the numerous requests she made to his office.
Treasury Secretary Scott Bessent dismissed concerns after Moody's downgraded the U.S. credit rating. But major business leaders like Ray Dalio and Jamie Dimon warn there may still be significant economic risks ahead.