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Treasury Secretary Bessent on US Trade Deals, Federal Reserve, Tariff Rates
8 Articles
8 Articles
(Washington = Yonhap News) Correspondent Kim Dong-hyun = The Korean government announced on the 24th (local time) that the 2+2 ministerial meeting on economic and trade with the United States was held by US Treasury Secretary Scott Besant...
Treasury Secretary Scott Bessent recently argued that President Donald Trump has no intention of dismissing Federal Reserve President Jerome Powell in the light of Trump's previous statements in which he suggested that he wished the Fed president to resign.
Treasury Secretary Bessent on US Trade Deals, Federal Reserve, Tariff Rates
Treasury Secretary Scott Bessent discusses the US trade deal with Japan that will impose 15% tariffs on imports including automobiles, trade talks with the European Union and China, and finding a potential successor to Federal Reserve Chair Jerome Powell. (Source: Bloomberg)
Scott Bessent: $550B Deal Will Reindustrialize America
Treasury Secretary Scott Bessent joined Laura Ingraham to break down what he called the most significant trade agreement yet under President Trump. Japan will cut tariffs on U.S. goods from 25% to 15% and invest $550 billion into American industries. Bessent explained that this investment includes loans, credit guarantees, and equity, all of which will be directed by President Trump. The money will support critical industries like semiconductors…
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