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Treasury Secretary Bessent says Trump tariffs won't cause inflation to increase
The Treasury secretary's comments come just two days before the tariffs are scheduled to go into effect.CNBC - 22h -
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 - 22h -
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 - 22h -
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 - 4d -
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 fadedFinancial 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 - 3d -
Chipotle CEO says company will absorb any cost increases from tariffs
President Donald Trump’s plan to impose tariffs on America’s largest trading partners is sending ripples through the U.S. economy, as businesses and consumers alike prepare to pay Yet for Chipotle ...NBC News - 17h -
Treasury Secretary says Ukraine economic deal off after Zelenskyy "chose to blow that up"
Treasury Secretary Scott Bessent tells "Face the Nation with Margaret Brennan" that the economic deal with Ukraine is off the table after the heated Oval Office meeting — which Bessent attended — ...CBS News - 23h -
Treasury Secretary says Ukraine economic deal is not on the table after Zelenskyy "chose to blow that up"
Treasury Secretary Scott Bessent said an economic deal with Ukraine is not currently on the table after a contentious Oval Office meeting.CBS News - 21h -
China accuses US of 'blackmail' after Trump warns of increased tariffs
China’s officials condemned President Trump for his decision to add a 10 percent tariff on Chinese imports over the country’s alleged complicity in the international smuggling of fentanyl, a deadly ...The Hill - 3d -
Trump Mexico, Canada tariffs a ‘fluid situation’: Commerce secretary
Commerce Secretary Howard Lutnick said the tariffs on Mexico and Canada expected to be leveled this week are a “fluid situation.” Lutnick joined Fox News’s “Sunday Morning Futures,” where he ...The Hill - 2h -
Transportation Secretary Sean Duffy says FAA cuts won't affect flight safety
On his first full day as transportation secretary, Sean Duffy faced the deadliest U.S. aviation accident in more than 20 years. The midair collision near Washington, D.C., killed 67 people and just ...CBS News - Feb. 20 -
Americans Brace for Inflation as Trump’s Tariffs Start to Take Effect
More Americans are starting to brace for higher prices as President Trump’s policies begin to take effect.The New York Times - 5d -
Australian treasurer seeking tariff exemption in talks with Bessent
Australia’s treasurer, Jim Chalmers, will continue to push for steel and aluminum tariff exemptions in his discussions with Treasury Secretary Scott Bessent this week. Chalmers traveled to ...The Hill - 6d -
2-year Treasury yield slides to lowest since October on more tariff talk from Trump
U.S. government debt rallied on more tariff threats by President Donald Trump on Wednesday, reigniting economic fears and sending the policy-sensitive 2-year Treasury yield to its lowest level in ...MarketWatch - 4d -
Trump tariffs could amount to ‘largest tax increase in at least a generation’, thinktank warns – live
Trump’s tariffs could force households to pay $1,200 annually; commerce chief says tariffs on Canada and Mexico might not be 25% as Trump has been threatening. Donald Trump will lay out his ...The Guardian - 51m -
Hochul says Democratic governors won't "sit idly by" as Trump threatens retaliation
New York Gov. Kathy Hochul said Democratic governors won't "sit idly by" as President Trump threatens retaliation if the leaders do not comply with his agenda.CBS News - Feb. 23 -
Trump's No. 2 Pentagon pick won't say if Russia invaded Ukraine
Stephen Feinberg, President Trump’s pick to be deputy secretary of Defense, declined to say during his confirmation hearing on Tuesday whether Russia invaded Ukraine. In separate exchanges with ...The Hill - 5d -
Consumer confidence dips in Trump's first month as tariff threats drive inflation fears
Consumers’ attitude toward the economy dipped during President Trump’s first month in office, according to the University of Michigan’s monthly consumer survey released Friday. Consumer sentiment ...The Hill - Feb. 21 -
Consumer confidence sinks to 8-month low on worries about inflation and Trump tariffs
A postelection high in consumer confidence after the election of Donald Trump has petered out, as the public digests major upheavals in U.S. economic policies by the new White House.MarketWatch - 6d -
No ‘golden age’ is coming. Trump’s tariffs will hit Americans with higher interest rates and more inflation.
Protectionism won’t make us rich — especially if tariffs launch a trade war.MarketWatch - 5d -
Trump’s tariff talk is raising inflation and could weaken the economy, ISM finds: ‘Customers are pausing on new orders’
The specter of rising U.S. inflation reared its head in February as the cost of supplies for U.S. manufacturers jumped to more than a 2 1/2-year high in response to new or threatened tariffs by ...MarketWatch - 51m -
Treasury yields fall as investors await Fed’s favorite inflation measure
U.S. Treasury yields were lower on Friday as investors awaited the release of a key inflation reading — the most anticipated data of the week.CNBC - 3d -
Trump says tariffs on Canada and Mexico are 'on time, on schedule'
During a White House press conference, President Trump told reporters that his administration would move forward with planned tariffs on Canada and Mexico.NBC News - 6d -
Trump says tariffs on Canada and Mexico 'will go forward'
President Donald Trump said sweeping tariffs on Canada and Mexico "will go forward" when a monthlong delay on their implementation expires next week.CNBC - 6d -
Trump says 25% tariffs on EU will be announced soon
"The EU was formed to screw the United States," Trump says.BBC News - 4d -
FirstFT: Trump says UK could be spared tariffs
Also in today’s newsletter, Citi sends client $81tn in ‘near miss’ and Mexico extradites prisoners to the USFinancial Times - 3d -
Apple says a bug caused iPhone voice-to-text feature to write 'Trump' when a user says 'racist'
Apple said it is working on repairing a glitch after some iPhone users noticed that speaking the word “racist” into the voice-to-text feature causes it to write “Trump” before quickly switching to ...NBC News - 5d -
‘America is going down’: China can capitalise on damage caused by Trump, former PLA colonel says
Exclusive: Zhou Bo says harm done to US image may make Taiwanese reconsider their attitude towards Beijing but says he sees Trump as overall being ‘rather friendly’. The damage caused by Donald ...The Guardian - 1d -
Bessent says US-Ukraine deal has 'implicit' economic security guarantee
Treasury Secretary Scott Bessent said a U.S.-Ukraine deal featuring “strategic minerals, energy and state-owned enterprises” has an “implicit” economic security guarantee. “This deal is part of ...The Hill - Feb. 23 -
There is a clear Trump doctrine. Those who can’t see it won't have a say in reshaping the world | Nesrine Malik
The sooner the US’s former friends realise the old global order is over, the sooner they can organise to regain power and agency – the only language Trump understands. A resonant phrase during ...The Guardian - Feb. 24 -
Trump says Putin will have to make concessions, US won't make guarantees to Ukraine
Trump said he will be signing the mineral deal with Ukrainian President Zelenskyy at the White House on Friday.ABC News - 4d -
US merchandise trade deficit surges ahead of expected tariff increases
Figures suggest companies are stockpiling goods ahead of levies promised by Donald TrumpFinancial Times - 2d -
Trump says US will impose additional 10% tariff on China
He also said he would move ahead with 25% tariffs on imports from Mexico and Canada, which had been paused.BBC News - 3d -
Trump says Canada, China and Mexico tariffs will take effect next week
President Donald Trump said Thursday that 25% tariffs on goods imported from Canada and Mexico would go into effect Tuesday, alongside yet another 10% layer of duties on China following one that ...NBC News - 3d -
Tariff Tuesday: Trump Says He’ll Hit Mexico, Canada, and China With Duties
Citing the unchecked flow of fentanyl, he plans to levy a 25 percent tariff on most products from our northern and southern neighbors. China faces an additional 10 percent levy.Inc. - 3d -
UK-US trade deal could mean tariffs 'not necessary', says Trump
The US president says a trade deal could happen very quickly and avoid taxes on UK imports.BBC News - 3d