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Watch: Bessent Teases 'Series Of Announcements' To Stabilize Oil; Says Trump's 15% Tariff Will Kick In This Week
Watch: Bessent Teases 'Series Of Announcements' To Stabilize Oil; Says Trump's 15% Tariff Will Kick In This Week
Authored by Andrew Moran via The Epoch Times (emphasis ours),
President Donald Trump’s 15 percent global tariff will take effect sometime this week, Treasury Secretary Scott Bessent said.
Following the Supreme Court’s rebuke of the president’s signature economic policy last month, Trump imposed a 10 percent global tariff, invoking Section 122 of the Trade Act of 1974. A day later, Trump pledged to raise the rate to 15 percent.
Treasury Secretary Scott Bessent testifies before...
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Submitted by Thomas Kolbe
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