Robert Reich: The Secession Of The Billionaire Class – OpEd
Thursday, 24 April 2025 () Billionaire Treasury Secretary Scott Bessent says the drop in the stock market is nothing to be concerned about because Americans aren’t looking at the “day-to-day fluctuations” in their retirement savings.
Billionaire Secretary of Commerce Howard Lutnick says we shouldn’t be concerned that mass layoffs in the Social...
As Chancellor Rachel Reeves meets her counterpart, US treasury secretary Scott Bessent to discuss an "economic agreement" between the two countries, the latest.. Sky News
President Trump signals a potential rollback of his steep China tariffs, saying they’ll “come down substantially, but won’t be zero.” His comments follow Treasury Secretary Scott Bessent’s prediction of a “de-escalation” in the trade war, calling current rates unsustainable. Trump imposed 145% tariffs on Chinese goods, prompting 125% retaliation from Beijing. As markets rebound and interest rate fears rise, insiders suggest change is coming—but Trump insists, “We’re doing fine with China.” Is a new phase of U.S.-China trade about to begin?
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Spain's Pedro Sánchez aims for closer trade ties with China amid US tariffs uncertainty
Washington has criticised Spain's outreach to China with Treasury Secretary Scott Bessent saying cosying up to Beijing is like 'cutting your own throat.'
READ MORE : http://www.euronews.com/2025/04/10/spains-pedro-sanchez-aims-for-closer-trade-ties-with-china-amid-us-tariffs-uncertainty
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Amid rising trade tensions, US Treasury Secretary Scott Bessent has hinted at delisting Chinese firms from American stock markets. As Trump hikes tariffs on Chinese imports to 104%, Beijing retaliates with 84% on US goods. China accuses Washington of violating trade norms and files a WTO complaint. With over 280 Chinese firms listed in the US, including Alibaba, this move could send shockwaves through global markets. Bessent warns of deeper escalation if China devalues its currency, urging negotiation before the economic crossfire intensifies further.
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Treasury Secretary Scott Bessent revealed that the U.S. is gearing up for 70 tariff negotiations with foreign governments following the Trump administration's sweeping overnight tariff hike. Speaking at the American Bankers Association, Bessent hinted these tariffs are a ceiling—unless countries retaliate. He warned nations not to pivot towards Beijing to replace lost U.S. trade. As Bessent cancels Easter plans, Washington braces for a diplomatic traffic jam, signaling a tense chapter in Trump’s hardline trade strategy, now supercharged with global economic consequences and increasing strategic pressure on allies.
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Trump made a cryptic remark about the JFK assassination files, stating, “We gave everything to Social Security, the rest is for you to look at.” While hinting at full disclosure, Trump admitted there’s “nothing earth-shattering” in the released documents. He also teased the upcoming release of Martin Luther King Jr. assassination files, promising they “will reveal everything.”
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Elon Musk and Treasury Secretary Scott Bessent got into a heated shouting match inside the White House over who should lead the IRS. Musk backed Gary Shapley, while Bessent pushed for his deputy Michael Faulkender. The argument—filled with expletives and accusations—erupted near President Trump and Italian PM Giorgia Meloni. Musk even accused Bessent of being a “Soros agent.” Days later, Bessent’s pick won out. White House aides say tensions like this aren’t unusual, but the clash exposes deep divisions within Trump’s economic inner circle.
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Extinction Rebellion stages Earth Day protest outside Tesla showroom
Climate activists held a demonstration outside a Tesla dealership in Manhattan on Earth Day, criticising Elon Musk and his involvement in the recently formed Department of Government Efficiency in the US.
READ MORE : http://www.euronews.com/2025/04/23/extinction-rebellion-stages-earth-day-protest-outside-tesla-showroom
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Musk vows to step back from DOGE job and put more time into Tesla
Elon Musk says he’ll be spending less time in Washington slashing government costs and more time running Tesla after his electric vehicle company reported a big drop in profits.
READ MORE : http://www.euronews.com/2025/04/23/musk-vows-to-step-back-from-doge-job-and-put-more-time-into-tesla
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Credit: euronews (in English) Duration: 01:10Published
Elon Musk has said the time he spends with Donald Trump's Department of Government Efficiency (Doge) will "drop significantly" from May and he will allocate more.. Sky News
It's not every day a University of Massachusetts Boston student gets arrested for allegedly firebombing a Tesla dealership operated by the world's richest man,.. TMZ.com