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Alan Rappeport
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As Prices Pinch, Bessent Looks for Ways to Mollify Wary Consumers
Treasury Secretary Scott Bessent has offered a variety of creative justifications for President Trump’s import duties.
High Beef Prices? Trump Official Blames Biden and Migrants.
Treasury Secretary Scott Bessent said migrants were bringing sick cows across the border, snarling beef supply chains.
Trump Turns to Affordability Message Amid Economic Frustration
The Trump administration is facing backlash from American consumers as higher costs from tariffs blunt wage gains.
Trump Team Now Claims Its Trillions in Tariff Revenue Are ‘Incidental’
In arguments before the Supreme Court, the White House backed away from its claims that President Trump’s tariffs were about raising revenue.
Trump Aides Raise Recession Fears, and Point Fingers at the Fed
Treasury Secretary Scott Bessent said some sectors were in a recession as he argued for more interest rate cuts.
Soybean Farmers Find Relief in U.S. Trade Truce With China
President Trump said China would end its boycott and resume buying millions of tons of American soybeans.
Trump’s Sanctions on Russian Oil Sector Ratchet Up Economic War
After months of restraint, President Trump’s move to blacklist Lukoil and Rosneft will hit Russia where it hurts.
Trump Hopes Argentina Can Help Bring Down Beef Prices
President Trump’s plan to import red meat runs counter to his philosophy of increasing domestic production, and has angered cattle ranchers in the United States.
Bessent Stakes Credibility and Taxpayer Money on Argentina Bet
Treasury Secretary Scott Bessent’s multibillion-dollar bailout of a serial defaulter raises the specter of losses for the United States.
U.S. to Take Control of More Companies to Counter China
Treasury Secretary Scott Bessent said China’s dominance of rare earths calls for a more assertive American industrial policy.
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