News

Who Pays For Tariffs? ‘It’s a Very Complicated Question,’ Treasury Secretary Scott Bessent Says.
At one point, Rep. Mark Pocan (D., Wisc.) tried unsuccessfully to get Bessent to answer the question: “Who pays tariffs?” ...
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Tariffs Explained: Trump Eases China Feud, but How Much Will It Help You?
The Trump administration has made moves to ease tariff tensions with China, but the situation remains uncertain in the ...
Rep. Mark Pocan Grills Treasury Secretary Bessent: "Who Pays Tariffs?"
Democratic Rep. Mark Pocan asked Treasury Secretary Scott Bessent on Tuesday during House testimony: "Who pays tariffs?" REP.
Trump Commerce Secretary to People Out of Work Due to Tariffs: ‘Be Optimistic, the President Truthed It Out’
Trump Commerce Sec. Howard Lutnick said dockworkers and truck drivers worried about jobs should "be positive because the ...
US & China pausing tariffs does not end the needless damage being done to consumers and businesses
The agreement by both the US and China to pause tariffs might make things easier in the very short term, and it may lead to a ...
Tariffs may have pushed up inflation a bit in April, government report to show
Tuesday’s report could provide an early read on how Trump’s duties will affect the prices Americans pay for necessities.
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White House reduces tariff on low-cost imports from China
The Trump administration has lowered the tariff on low-value shipments (under $800) from China and Hong Kong from 120% to 54% ...
The Ultimate Bait and Switch of Trump’s Tariffs
There are no real deals. Tariffs on U.S. imports from Britain and China, and the ensuing retaliatory tariffs on U.S. exports ...
Mattel's Plea for Lower Tariffs Pays Off and the Stock Pops
Mattel has specifically been on Trump's mind because its CEO said tariffs will be an added cost to consumers and won't result in U.S. manufacturing. The company may be able to diversify supply outside ...