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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.
Tariffs have emerged as possibly the defining aspect of Donald Trump's presidency and they're poised to make life a lot ...
Mainstream economists have been obsessed with finding “optimal” tax rates, and Nicholas Kaldor‘s 1940 formalization of the ...
China has finally agreed to open negotiations with the Trump administration as the tech industry warns that tariffs could ...
Economists largely disagree with Trump’s views on tariffs, noting that the costs of fees placed on imported goods often get ...
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 ...
President Trump and British Prime Minister Keir Starmer announced a new trade agreement. Other countries, including China, ...
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