Treasury Secretary Bessent says Trump tariffs won't cause inflation to increase

• Treasury Secretary Scott Bessent announces creation of an "affordability czar"

  Treasury Secreatry Scott Bessent described the new role as "someone who picks the five or eight areas where this administration can make a big difference for working class Americans."
  
  CBS News - 15h

• Treasury Secretary Scott Bessent announces creation of an "affordability czar"

  Treasury Secreatry Scott Bessent described the new role as "someone who picks the five or eight areas where this administration can make a big difference for working class Americans."
  
  CBS News - 15h

• Transcript: Treasury Secretary Scott Bessent on "Face the Nation with Margaret Brennan," March 2, 2025

  The following is the transcript of an interview with Treasury Secretary Scott Bessent that aired on "Face the Nation with Margaret Brennan" on March 2, 2025.
  
  CBS News - 15h

• Transcript: Treasury Secretary Scott Bessent on "Face the Nation with Margaret Brennan," March 2, 2025

  The following is the transcript of an interview with Treasury Secretary Scott Bessent that aired on "Face the Nation with Margaret Brennan" on March 2, 2025.
  
  CBS News - 15h
• 

  Trump says Canada, Mexico tariffs will go into effect Tuesday, China tariffs to increase

  President Trump confirmed Thursday that tariffs he had threatened and then delayed against Canada and Mexico are set to go into effect next week, while China will face increased tariffs as part of ...
  
  The Hill - 3d
• 

  Trump Says Canada and Mexico Tariffs Will Start March 4, Plus an Increase on China

  The president also said he would impose an additional 10 percent tariff on China as he tries to force other countries to take more action on drug shipments.
  
  The New York Times - 3d
• 

  Trump’s Tariffs Are Causing Some Startups to Scrap Their IPOs

  This was expected to be a big year for IPOs, but now some companies are rethinking plans to go public.
  
  Inc. - Feb. 22

• Trump’s tariffs spook consumers weary of inflation

  The high spirits that greeted the US president’s election triumph in November have faded
  
  Financial Times - 5d
• 

  Inflation Is Rising. What Will That Mean for Trump’s Tariffs?

  Consumer sentiment has turned south as high prices weigh on households. Could that crimp big pieces of the president’s economic agenda, including tariffs?
  
  The New York Times - 2d

More from CNBC

• Warren Buffett calls Trump's tariffs a tax on goods, says 'the Tooth Fairy doesn't pay 'em'

  "Tariffs are actually, we've had a lot of experience with them. They're an act of war, to some degree," Buffett said.
  
  CNBC - 16h

• Trump announces strategic crypto reserve including bitcoin, Solana, XRP and more

  Cryptocurrencies rallied on Sunday after President Donald Trump announced the creation of a U.S. strategic crypto reserve.
  
  CNBC - 10h

• Europe wants to broker peace in Ukraine — and between Trump and Kyiv after the White House fiasco

  European allies are gathering again on Monday to try bolster support for Ukraine and build bridges between Kyiv and Washington after an Oval Office fiasco.
  
  CNBC - 35m

• China’s factory activity growth hits 3-month high in February, as millions return to work after holidays

  China has struggled to boost growth amid tepid domestic demand and a prolonged real estate downturn, leaving exports as a key driver of growth.
  
  CNBC - 35m

• Xiaomi launches $1,600 Samsung phone challenger as it rides 300% stock rally to record high

  Xiaomi is continuing its push into higher end devices where it is trying to challenge market leader Samsung.
  
  CNBC - 19h

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  JPMorgan lifts price targets of European defense companies by an average of 25% after furious reaction in European capitals to Trump-Zelensky meeting.
  
  MarketWatch - 2m
• 

  UK distances itself from Macron ceasefire proposal

  Kyiv’s European allies sought to project unity at London summit
  
  Financial Times - 29m
• 

  “Learn AI” is “Learn To Code” All Over Again

  Stop telling workers that people who know how to use AI will replace them
  
  Inc. - 31m

• China’s factory activity growth hits 3-month high in February, as millions return to work after holidays

  China has struggled to boost growth amid tepid domestic demand and a prolonged real estate downturn, leaving exports as a key driver of growth.
  
  CNBC - 35m

• Europe wants to broker peace in Ukraine — and between Trump and Kyiv after the White House fiasco

  European allies are gathering again on Monday to try bolster support for Ukraine and build bridges between Kyiv and Washington after an Oval Office fiasco.
  
  CNBC - 35m