Reported 3 days ago
Treasury Secretary Scott Bessent has encouraged major U.S. CEOs to stop worrying about tariffs and resume their business operations, promising more clarity on trade and tax issues within 90 days. Amidst concerns from CEOs about potential recession and economic turmoil due to trade policies, Bessent emphasized that these executives should focus on Main Street and highlighted that clarity on deregulation and taxes will soon arrive. He also noted a 90-day pause on reciprocal tariffs, while addressing ongoing challenges regarding tariffs on China.
Source: YAHOO