U.S. is on track to potentially raise “well over $300 billion” in tariff income by end of the year, Treasury Sec. Scott Bessent said during WH Cabinet meeting.
Trump warns BRICS he's imposing additional 10% tariff on nations, as bloc was created to replace U.S. dollar as dominant currency for international trade.
White House press secretary Karoline Leavitt told reporters that Trump will sign the order to move the deadline to Aug. 1 from its current date of July 9.
Transshipping—rerouting goods through a third country to disguise the origin of the products—is a focal point of trade negotiations with Asian markets.
