trade policy

Treasury Secretary Bessent Calls for Deep Fed Review, Says Due to the FED, U.S is Losing $100 Billion Annually

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In a detailed interview, U.S. Treasury Secretary Scott Bessent emphasized the urgent need for a comprehensive internal review of the Federal Reserve, citing its massive financial losses, bloated staffing, and costly operations. He warned that the Fed’s expanding role risks undermining its monetary policy independence. Bessent also highlighted President Trump’s trade strategy successes, including deals …

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President Trump Announces Steel and Aluminum Tariffs to Double Starting June 4, 2025

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President Trump Announces Steel and Aluminum Tariffs: On May 30, 2025, President Donald Trump delivered a high-profile speech in West Mifflin, Pennsylvania, announcing a major escalation in U.S. trade policy. The president declared that tariffs on imported steel and aluminum, which were previously set at 25%, will be increased to 50% starting June 4, 2025. …

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White House Stay to Maintain Tariff Measures Despite Red Signal From Court

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White House Stay to Maintain Tariff Measures :A recent court ruling has dealt a major blow to the U.S. administration’s trade agenda, throwing a cloud of uncertainty over its future strategy on tariffs. While the ruling challenges the use of tariffs under the International Emergency Economic Powers Act (IEEPA), it does not mark the end …

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