U.S. Treasury Secretary Bessent expects Supreme Court to uphold legality of Trump’s tariffs but eyes Plan B

U.S. Treasury Secretary Bessent expects Supreme Court to uphold legality of Trump's tariffs but eyes Plan B

U.S. Treasury Secretary Scott Bessent | Photo Credit: AP U.S. Treasury Secretary Scott Bessent on Monday (September 1, 2025) expressed confidence that the Supreme Court will uphold President Donald Trump’s use of a 1977 emergency powers law to impose sweeping tariffs on most trading partners, but said the administration has a backup plan if it … Read more

India ‘bit recalcitrant’ on trade negotiations: U.S. Treasury Secretary Scott Bessent

India ‘bit recalcitrant’ on trade negotiations: U.S. Treasury Secretary Scott Bessent

File picture of U.S. Treasury Secretary Scott Bessent. | Photo Credit: Reuters India has been a “bit recalcitrant” on trade negotiations with the US, Treasury Secretary Scott Bessent has said. “That’s aspirational,” Mr. Bessent said on Fox Business on Tuesday (August 12, 2025), responding to a question on wrapping up all the tariffs and trade … Read more