Scott Bessent Pushes Universal Tariff Plan

Scott Bessent pushes gradual 2.5% universal US tariffs plan
Donald Trump’s Treasury secretary Scott Bessent is pushing for new universal tariffs on US imports to start at 2.5 per cent and rise gradually, said four people familiar with the proposal.
‘Golden age starts now’: Scott Bessent becomes Donald Trump’s treasury secretary, pushes universal 2.5% tariff plan
Scott Bessent has been confirmed as US Treasury Secretary, advocating for universal tariffs starting at 2.5%. He aims to eliminate taxes, implement a consumption tax, and adopt a gold-backed currency,
Scott Bessent Pushes Universal Tariff Plan as U.S. Treasury Secretary
Newly confirmed U.S. Treasury Secretary Scott Bessent is advocating a plan to impose universal tariffs on imports, according to the Financial Times. The proposal suggests starting tariffs at 2.5%, increasing by 2.
Scott Bessent wins Senate confirmation to become Treasury secretary
The U.S. Senate confirmed billionaire investor Scott Bessent on Monday to become the next Treasury secretary and enact the Trump administration's economic agenda of tax cuts and tariffs.
Scott Bessent, hedge fund billionaire, is Trump's treasury secretary
Scott Bessent will lead President Donald Trump's financial agenda as treasury secretary. Bessent, a billionaire hedge fund manager, was confirmed in a 68 to 29 U.S. Senate vote on Monday and sworn in on Tuesday.
Senate Confirms Scott Bessent as Trump’s Treasury Secretary
The first openly gay person in the role has the delicate balancing act of cutting taxes and curbing deficits while putting forward a plan on tariffs that doesn’t jeopardize growth.
Trump Treasury pick Scott Bessent defends sweeping tariffs in contentious Senate hearing
Donald Trump's pick for Treasury secretary repeatedly defended a range of tariff ideas during his confirmation hearing before Senate lawmakers Thursday.
How the Senate Voted to Confirm Scott Bessent as Treasury Secretary
The Senate voted 68 to 29 to confirm Mr. Bessent, a billionaire hedge fund manager, as the next Treasury secretary.
Ex-hedge fund manager Scott Bessent confirmed as Trump’s Treasury secretary
Hedge fund manager Scott Bessent — who has vowed to crack down on off-the-rails federal spending and help avert a “crushing $4 trillion tax hike” on Americans by year’s end — was
Trump's Treasury pick Scott Bessent pushes universal 2.5% tariff plan that would rise each month: Report
President Donald Trump's Treasury secretary pick, Scott Bessent, pushes for new tariffs and warns of a 'calamity' if tax cuts expire. Confirmed by the Senate, Bessent emphasizes reducing taxes, increasing oil production to control prices,
Senate Confirms Scott Bessent as Treasury Secretary
Bessent, a hedge fund manager, becomes the nation’s 79th Treasury secretary. He will lead President Trump’s economic agenda.
Scott Bessent confirmed as treasury secretary, giving him a key role in extending Trump's tax cuts
The U.S. Senate confirmed billionaire investor Scott Bessent on Monday to serve as President Donald Trump's treasury ...
Scott Bessent wins Senate confirmation as US Treasury secretary
Britain's Labour government will back plans for a third runway at London's Heathrow Airport, finance minister Rachel Reeves ...
DXY: Tariff concerns re-surface – OCBC
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