At one point, Rep. Mark Pocan (D., Wisc.) tried unsuccessfully to get Bessent to answer the question: “Who pays tariffs?” ...

Democratic Rep. Mark Pocan asked Treasury Secretary Scott Bessent on Tuesday during House testimony: "Who pays tariffs?" REP.

Rep. Mark Pocan (D-WI) was clearly unsatisfied with the stumbling response from Treasury Secretary Scott Bessent when asked ...

Companies are already moving to hike their prices as U.S. tariffs bite, a move economists say is likely to drive up inflation ...

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 ...

Economists largely disagree with Trump’s views on tariffs, noting that the costs of fees placed on imported goods often get ...

President Donald Trump’s faith in tariffs is undimmed by a dose of negative US growth and signs of a looming supply crunch.

Mainstream economists have been obsessed with finding “optimal” tax rates, and Nicholas Kaldor‘s 1940 formalization of the ...

President Trump and British Prime Minister Keir Starmer announced a new trade agreement. Other countries, including China, ...

China has finally agreed to open negotiations with the Trump administration as the tech industry warns that tariffs could ...

Businesses are starting to label tariff costs on labels, receipts, and websites in order to retain trust and explain price ...

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 ...