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Democratic Rep. Mark Pocan asked Treasury Secretary Scott Bessent on Tuesday during House testimony: "Who pays tariffs?" REP.
At one point, Rep. Mark Pocan (D., Wisc.) tried unsuccessfully to get Bessent to answer the question: “Who pays tariffs?” ...
US: During an oversight hearing, Rep. Mark Pocan (D-WI) pressed Treasury Secretary Scott Bessent over who pays the tariffs ...
Andrew Morris, the senior legal counsel for NCLA, said that the Constitution gives Congress, not the president, the final authority to impose new taxes and tariffs. By creating sweeping new tariffs ...
Companies are already moving to hike their prices as U.S. tariffs bite, a move economists say is likely to drive up inflation ...
Economists largely disagree with Trump’s views on tariffs, noting that the costs of fees placed on imported goods often get ...
Mark Pocan (D-WI) was clearly unsatisfied with the stumbling response from Treasury Secretary Scott Bessent when asked who pays tariffs. Bessent stammered, eventually telling Pocan, "It's a very ...
President Donald Trump’s faith in tariffs is undimmed by a dose of negative US growth and signs of a looming supply crunch.
China has finally agreed to open negotiations with the Trump administration as the tech industry warns that tariffs could ...
Incentive pay for investment bankers at major firms is expected to fall this year by 13% from 2021 levels, according to a ...
Businesses are starting to label tariff costs on labels, receipts, and websites in order to retain trust and explain price ...
Protests from furious factory workers in China demanding back pay are spreading across the country after President Trump’s ...