Treasury Secretary Bessent says it’s up to China to de-escalate trade tensions
The comments come with markets on edge over the direction of tariffs.
The comments come with markets on edge over the direction of tariffs.
‘It’s the old poors teaching the new poors,’ said one content creator.
Fears of tariff-related higher prices have motivated consumers to buy cars early, but it’s also contributing to a hesitance to buy and a hunger for deals.
Amazon third-party sellers are raising prices and looking for new suppliers after President Trump lifted tariffs on goods from China.
Bank of England Governor Andrew Bailey said Thursday that the central bank is focused on the potential U.K. growth shock from U.S. tariffs.
Bessent named-checked Bridgewater founder Ray Dalio, who recently expressed fears of a sharp fallout from President Donald Trump’s tariff policies.
Stocks, already recovering from the prior day’s sell off, soared higher on news of the remarks from Trump Treasury Secretary Scott Bessent.
President Donald Trump ratcheted up his pressure campaign on Federal Reserve Chairman Jerome Powell.
The changes, outlined in a 16-page draft order, would dramatically upend the department and overhaul longstanding hiring practices and department priorities.
President Donald Trump said once again on Friday that Federal Reserve Chair Jerome Powell should lower interest rates.