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?” ...

Data compiled by The Budget Lab at Yale, a nonpartisan research center, predicts we'll be spending more money on food this ...

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 ...

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 ...

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

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 ...

Since tariffs went into effect in early April, Atlanta-based Delta Air Lines has managed to accept delivery of three new tariff-free Airbus planes.

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