US Treasury chief defends ‘strategic uncertainty’ of Trump tariffs

What is US President Donald Trump doing? He is not as crazy as it seems. With his tariffs he pursues strategic goals.

Trump tariffs reap record revenues

by WorldTribune Staff, April 28, 2025 Real World News The United States in April has collected more revenue from tariffs and excise taxes than any month in American history. U.S. Customs duty collections have skyrocketed more than 60% this month, according to newly released Treasury Department data. As the first wave of President Donald Trump’s […]

US Treasury Secretary Scott Bessent on Sunday defended President Donald Trump's tariff policy, which is shaking the global economy, as a means of creating "strategic uncertainty" designed to give the United States an advantage, AFP reports, as reported by Agerpres.

US Treasury chief defends ‘strategic uncertainty’ of Trump tariffs

Details of actual trade deals that are on the table, however, have been scant. Read more at straitstimes.com.

Wall Street closes in green for a week marked by the trade war and Federal ReserveDonald Trump plans to exempt car manufacturers from some tariffsThe U.S. Treasury Secretary, Scott Bessent, Sunday defended President Donald Trump's agitated tariff policy as a way to create "strategic uncertainty" that gives Washington an advantage. Since his return to the presidency, in January, Trump has imposed 10% tariffs on most U.S. trading partners and an a…

U.S. Treasury Secretary Scott Bessent Sunday defended President Donald Trump’s agitated tariff policy as a way to create “strategic uncertainty” that gives Washington an advantage. Since his return to the presidency in January, Trump has imposed 10% tariffs on most U.S. trading partners and an additional 145% tax on many products from China. Beijing has responded with 125% tariffs on U.S. products. Tens of countries face a 90-day deadline in Jul…