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.

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 ...

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 ...

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 ...

Protests from furious factory workers in China demanding back pay are spreading across the country after President Trump’s ...