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Bash: "Trump gave countries a 90 day pause on the sweeping tariffs...That pause ends in 3 days. What happens on Wednesday?" Bessent: "If we have not reached an agreement then you will go back to the April 2 level." Bash: "Starting when?" Bessent: "On August 1." Bash: "Okay. So... show more

The Bulwark

234,568 subscribers

837,043 Aufrufe • vor 1 Jahr •via X (Twitter)

Wissenschaft & Technologie Nachrichten & Politik Finanzen

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9 Kommentare

Profilbild von Impeach Trump a 3rd Time!

Impeach Trump a 3rd Time!vor 1 Jahr

They're making shit up as they go.

Profilbild von Manna

Mannavor 1 Jahr

These tariffs are just going to forever be paused arent they. He just wants to seem tough

Profilbild von Kazambo

Kazambovor 1 Jahr

Wait, there can't be any open deals left? The way these guys have been yapping about "big deals tomorrow", "many deals next week", "agreement to agree on starting agreements" the last 3 mos, I would have thought there were twice as many agreements as there are countries by now.

Profilbild von Veritas1home

Veritas1homevor 1 Jahr

We've seen this script before. These guys need a new screenwriter. This guy sucks. Then, on August 1, there will be a new deadline, book it. Undecided is not good economic policy.

Profilbild von greg cantwell

greg cantwellvor 1 Jahr

We have never had such a bumbling, clueless administration. They’re the wet bandits of politics—laughably incompetent.

Profilbild von mamma says!

mamma says!vor 1 Jahr

I wonder which Trump cronies purchased S&P put options last week?!

Profilbild von John the Cliff Dweller

John the Cliff Dwellervor 1 Jahr

TACO TIME

Profilbild von Jeff Bjånes🫐

Jeff Bjånes🫐vor 1 Jahr

Went from every country begging for a deal to the countries haven’t even called yet..

Profilbild von Scott 𝕏 

Scott 𝕏 vor 1 Jahr

Animatronic Bessent: “It's not a new deadline, but it's not the old deadline either.” 🤣

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.Treasury Secretary Scott Bessent: "We have reached an agreement on a 90-day pause and substantially moved down the tariff levels — both sides, on the reciprocal tariffs, will move their tariffs down 115%."

.Treasury Secretary Scott Bessent: "We have reached an agreement on a 90-day pause and substantially moved down the tariff levels — both sides, on the reciprocal tariffs, will move their tariffs down 115%."

Rapid Response 47

812,969 Aufrufe • vor 1 Jahr

LOL -- Bessent now says that Trump will likely extend the pause on his tariffs past the July 90 day deadline

LOL -- Bessent now says that Trump will likely extend the pause on his tariffs past the July 90 day deadline

Aaron Rupar

515,882 Aufrufe • vor 1 Jahr

Bash: "Why haven't we seen the kind of deals that he promised in the last 90 days?" Bessent: "He didn't promise this. When we send out the 100 letters to these countries, that will set their tariff rate. So we'll have a hundred done in the next few days." Bash: "That's not a deal, that's a threat."

Bash: "Why haven't we seen the kind of deals that he promised in the last 90 days?" Bessent: "He didn't promise this. When we send out the 100 letters to these countries, that will set their tariff rate. So we'll have a hundred done in the next few days." Bash: "That's not a deal, that's a threat."

The Bulwark

1,074,667 Aufrufe • vor 1 Jahr

BASH: “The president has a reputation, a self-described dealmaker, so why haven't we seen the kind of deals that he promised in the last 90 days?” BESSENT: "Again, he didn't promise this. And when we send out the 100 letters to these countries, that will set their tariff rate. So we're going to have 100 done in the next few days.” BASH: “But that's not a deal. That's a threat.” BESSENT: “No, that's the level. That's the deal.”

BASH: “The president has a reputation, a self-described dealmaker, so why haven't we seen the kind of deals that he promised in the last 90 days?” BESSENT: "Again, he didn't promise this. And when we send out the 100 letters to these countries, that will set their tariff rate. So we're going to have 100 done in the next few days.” BASH: “But that's not a deal. That's a threat.” BESSENT: “No, that's the level. That's the deal.”

State of the Union

67,559 Aufrufe • vor 1 Jahr

BREAKING: The US and China have reached a trade agreement on a 90 day pause. The U.S. will cut tariffs on Chinese goods to 30% (from 145%) for 90 days, while China will lower its levies to 10% (from 125%) for 90 days, according to US Treasury Secretary Bessent.

BREAKING: The US and China have reached a trade agreement on a 90 day pause. The U.S. will cut tariffs on Chinese goods to 30% (from 145%) for 90 days, while China will lower its levies to 10% (from 125%) for 90 days, according to US Treasury Secretary Bessent.

Sawyer Merritt

731,530 Aufrufe • vor 1 Jahr

🚨 Treasury Secretary Treasury Secretary Scott Bessent announces a major trade deal with China: “We have reached an agreement on a 90-day pause and substantially move down the tariff levels. Both sides on the reciprocal tariffs will move their tariffs down 115%.”

🚨 Treasury Secretary Treasury Secretary Scott Bessent announces a major trade deal with China: “We have reached an agreement on a 90-day pause and substantially move down the tariff levels. Both sides on the reciprocal tariffs will move their tariffs down 115%.”

Trump War Room

74,704 Aufrufe • vor 1 Jahr

CNN’s Dana Bash got embarrassed live on her own show as Treasury Secretary Scott Bessent flat out rejected her entire framing on tariffs. She tried to turn it into a $134 billion reckoning, but Bessent came armed with the facts. She was left scrambling. BASH: “I do want to start with the big question. Will you refund the roughly $134 billion in revenue taken by these emergency tariffs?” BESSENT: “Well Dana that’s not the big question.” BESSENT: “Let’s just level set here what the Supreme Court did was a very narrow reading of the president’s authority under the IEEPA tariffs. BESSENT: “We have other tariff authorities which have been functioning section 232 tariffs, section 301 tariffs and Dana, when you say it’s a big question, that’s bad framing because the Supreme Court didn’t even address that.” BESSENT: “The Supreme Court remanded it down to a lower court.” BESSENT: “And we will follow what they say but that that could be weeks or months when we hear them. So the supreme court did not address refunds.” BASH: “Sure. They didn’t address refunds. That is clearly going to be up to to you, which—” BESSENT: “No, no, no Dana, it is not up to me.” BASH: “Not…not…you…” BESSENT: “It is not up to the administration. It is up to the lower court. Let’s just be clear on that.” The “big question” wasn’t so big after all.

CNN’s Dana Bash got embarrassed live on her own show as Treasury Secretary Scott Bessent flat out rejected her entire framing on tariffs. She tried to turn it into a $134 billion reckoning, but Bessent came armed with the facts. She was left scrambling. BASH: “I do want to start with the big question. Will you refund the roughly $134 billion in revenue taken by these emergency tariffs?” BESSENT: “Well Dana that’s not the big question.” BESSENT: “Let’s just level set here what the Supreme Court did was a very narrow reading of the president’s authority under the IEEPA tariffs. BESSENT: “We have other tariff authorities which have been functioning section 232 tariffs, section 301 tariffs and Dana, when you say it’s a big question, that’s bad framing because the Supreme Court didn’t even address that.” BESSENT: “The Supreme Court remanded it down to a lower court.” BESSENT: “And we will follow what they say but that that could be weeks or months when we hear them. So the supreme court did not address refunds.” BASH: “Sure. They didn’t address refunds. That is clearly going to be up to to you, which—” BESSENT: “No, no, no Dana, it is not up to me.” BASH: “Not…not…you…” BESSENT: “It is not up to the administration. It is up to the lower court. Let’s just be clear on that.” The “big question” wasn’t so big after all.

Overton

245,862 Aufrufe • vor 5 Monaten

Donald Trump has announced a 90 day pause on tariffs for dozens of countries but hiked them on China to 125%. Stocks have surged, but a lot still remains unknown. What happens at the end of the 90 day pause and will the bond market react? Helia Ebrahimi explains

Donald Trump has announced a 90 day pause on tariffs for dozens of countries but hiked them on China to 125%. Stocks have surged, but a lot still remains unknown. What happens at the end of the 90 day pause and will the bond market react? Helia Ebrahimi explains

Channel 4 News

11,014 Aufrufe • vor 1 Jahr

The U.S. and China have agreed to a temporary but significant easing of the tariffs imposed over the last couple months. Both parties had committed to a 90-day suspension of most of the levies imposed since early April. "We have reached an agreement on a 90-day pause," U.S. Treasury Secretary Scott Bessent said in Geneva, Switzerland, where he spent the weekend in meetings with Chinese counterparts.

The U.S. and China have agreed to a temporary but significant easing of the tariffs imposed over the last couple months. Both parties had committed to a 90-day suspension of most of the levies imposed since early April. "We have reached an agreement on a 90-day pause," U.S. Treasury Secretary Scott Bessent said in Geneva, Switzerland, where he spent the weekend in meetings with Chinese counterparts.

CBS News

33,851 Aufrufe • vor 1 Jahr

Cooper: But I do want to start off, Trump just put a 90 day pause on a new round of sweeping tariffs he's keeping. Sanders: Okay. Before we get to that….

Cooper: But I do want to start off, Trump just put a 90 day pause on a new round of sweeping tariffs he's keeping. Sanders: Okay. Before we get to that….

Acyn

313,334 Aufrufe • vor 1 Jahr

Leavitt April 8, 2025: Trump is not considering an extension or delay on tariffs. Leavitt April 9, 2025: Trump is putting a 90-day pause on the reciprocal tariffs.

Leavitt April 8, 2025: Trump is not considering an extension or delay on tariffs. Leavitt April 9, 2025: Trump is putting a 90-day pause on the reciprocal tariffs.

The Bulwark

1,661,435 Aufrufe • vor 1 Jahr

🚨 Treasury Secretary Scott Bessent gave a FASCINATING insight into Trump's tariff strategy with regard to China today. BESSENT: "At the end of the day... we can probably reach a deal with our allies... and then we can approach China as a group." Helps to explain the 90-day pause with other nations & lowered reciprocal tariffs but the increased tariffs on China. ⬇️

🚨 Treasury Secretary Scott Bessent gave a FASCINATING insight into Trump's tariff strategy with regard to China today. BESSENT: "At the end of the day... we can probably reach a deal with our allies... and then we can approach China as a group." Helps to explain the 90-day pause with other nations & lowered reciprocal tariffs but the increased tariffs on China. ⬇️

Kayleigh McEnany

150,051 Aufrufe • vor 1 Jahr

NOW - Both China and U.S. Slash Tariffs by 115% in Historic New Deal — Here’s What You Need to Know The markets are already reacting. From Geneva, Treasury Secretary Scott Bessent just dropped a bombshell: the U.S. and China have agreed to slash tariffs across the board—for 90 days. “We have reached an agreement on a 90-day pause, and substantially moved down the tariff levels.” The numbers speak for themselves: → U.S. tariffs on Chinese goods drop from 145% to 30% → China’s tariffs on U.S. products plunge from 125% to 10% → “Both sides, on the reciprocal tariffs, will move their tariffs down 115%.” But that’s not all. Bessent described the talks as a breakthrough: “We had very robust discussions, both sides showed great respect.” “It was a chance for me to meet the Chinese delegation.” Translation: This wasn’t a photo op. It was a realignment on rebalancing trade. “Both countries represented their national interests very well.” “We concluded that we have shared interest and we both have an interest in balanced trade.” “The U.S. will continue moving towards that.” This is the most aggressive tariff rollback since the trade war began—and it could reshape global markets overnight.

NOW - Both China and U.S. Slash Tariffs by 115% in Historic New Deal — Here’s What You Need to Know The markets are already reacting. From Geneva, Treasury Secretary Scott Bessent just dropped a bombshell: the U.S. and China have agreed to slash tariffs across the board—for 90 days. “We have reached an agreement on a 90-day pause, and substantially moved down the tariff levels.” The numbers speak for themselves: → U.S. tariffs on Chinese goods drop from 145% to 30% → China’s tariffs on U.S. products plunge from 125% to 10% → “Both sides, on the reciprocal tariffs, will move their tariffs down 115%.” But that’s not all. Bessent described the talks as a breakthrough: “We had very robust discussions, both sides showed great respect.” “It was a chance for me to meet the Chinese delegation.” Translation: This wasn’t a photo op. It was a realignment on rebalancing trade. “Both countries represented their national interests very well.” “We concluded that we have shared interest and we both have an interest in balanced trade.” “The U.S. will continue moving towards that.” This is the most aggressive tariff rollback since the trade war began—and it could reshape global markets overnight.

Overton

19,234 Aufrufe • vor 1 Jahr

BASH: You and your fellow Democrats have used some heated rhetoric against the president. Do you think twice about that when something like that happens? RASKIN: What rhetoric do you have in mind? BASH: That he's terrible for this country and so on and so forth

BASH: You and your fellow Democrats have used some heated rhetoric against the president. Do you think twice about that when something like that happens? RASKIN: What rhetoric do you have in mind? BASH: That he's terrible for this country and so on and so forth

Aaron Rupar

4,921,880 Aufrufe • vor 3 Monaten

.Treasury Secretary Scott Bessent rejects independent analyses that most of the benefits in Trump’s spending and tax law will go to the wealthy, telling Dana Bash, “It's just not right, what we have here is a middle-class and working-class bill.”

.Treasury Secretary Scott Bessent rejects independent analyses that most of the benefits in Trump’s spending and tax law will go to the wealthy, telling Dana Bash, “It's just not right, what we have here is a middle-class and working-class bill.”

State of the Union

53,026 Aufrufe • vor 1 Jahr

BARTIROMO: Is President Trump planning on extending the pause on those reciprocal tariffs past July 9? BESSENT: I'm not going to get out ahead of the president ... he will decide ... I would expect we will see a flurry of deals announced over the next few days

BARTIROMO: Is President Trump planning on extending the pause on those reciprocal tariffs past July 9? BESSENT: I'm not going to get out ahead of the president ... he will decide ... I would expect we will see a flurry of deals announced over the next few days

Aaron Rupar

40,163 Aufrufe • vor 1 Jahr

Bash: “As the treasury secretary, it's hard to believe that you don't have an opinion or know where these revenues, over $100 billion, are going to go, or have an opinion on where they should go." Bessent: "I had an opinion, and the court did not agree with my opinion."

Bash: “As the treasury secretary, it's hard to believe that you don't have an opinion or know where these revenues, over $100 billion, are going to go, or have an opinion on where they should go." Bessent: "I had an opinion, and the court did not agree with my opinion."

The Bulwark

52,681 Aufrufe • vor 5 Monaten

Treasury Secretary Scott Bessent on if the Trump Administration will use emergency funds to cover SNAP benefits. BESSENT: "There's a process that has to be followed. So, we got to figure out what the process is. President Trump wants to make sure that people get their food benefits. TAPPER: "So it could be done by Wednesday?" BESSENT: "Could be."

Treasury Secretary Scott Bessent on if the Trump Administration will use emergency funds to cover SNAP benefits. BESSENT: "There's a process that has to be followed. So, we got to figure out what the process is. President Trump wants to make sure that people get their food benefits. TAPPER: "So it could be done by Wednesday?" BESSENT: "Could be."

State of the Union

46,374 Aufrufe • vor 9 Monaten