Bessent Says Tariffs Will ‘Boomerang Back’ to April Levels by Aug. 1 for Countries Without Deals

Treasury Secretary Scott Bessent testifies before the House Ways and Means Committee on Capitol Hill in Washington on June 11, 2025. Madalina Vasiliu/The Epoch Times Treasury Secretary Scott Bessent said on July 6 that the Trump administration is close to securing several trade deals ahead of Wednesday’s deadline, when higher tariffs are set to kick

Full transcript of “Face the Nation with Margaret Brennan,” July 6, 2025

On this “Face the Nation with Margaret Brennan” broadcast, moderated by Weijia Jiang:  Kevin Hassett, National Economic Council director Rep. Tom Suozzi, Democrat of New York Director Ken Burns Click here to browse full transcripts from 2025 of “Face the Nation with Margaret Brennan.”    WEIJIA JIANG: I’m Weijia Jiang in Washington. And this week

Treasury Secretary Responds to Musk’s Intention to Form ‘America Party’

President Donald Trump and Elon Musk attend a press conference in the Oval Office of the White House in Washington, D.C., on May 30, 2025. Nathan Howard/File Photo/Reuters U.S. Treasury Secretary Scott Bessent became the first Trump administration official to respond to Tesla CEO Elon Musk’s announcement that he intends to form a new political

Kevin Hassett says “rough outlines” of tariff deals are “becoming clear”

Washington — White House National Economic Council director Kevin Hassett said Sunday that “rough outlines of the deals are becoming clear” ahead of a key tariff deadline this week, with agreements like the U.K. and Vietnam deals serving as “guidelines for what might happen” with other countries.  “There’s going to be quite a bit of