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Treasury Deal Kills Trump's 'Revenge Tax'

Bloomberg on MSN · 2d

Treasury Deal Kills ‘Revenge Tax’ That Spooked Wall Street

The Treasury Department announced a deal with G-7 allies that will exclude US companies from some taxes imposed by other countries in exchange for removing the Section 899 “revenge tax” proposal from President Donald Trump’s tax bill.

Kiplinger on MSN · 1d

Treasury Deal Kills Trump’s ‘Revenge Tax’ After G7 Agreement

A retaliatory tax that would have exposed U.S. jobs and retirement savings to risk is likely to be scrapped from Trump’s megabill.

U.S. News & World Report · 2d

Lawmakers Remove ‘Revenge’ Tax Provision From Trump's Big Bill After Treasury Department Request

Congressional Republicans have agreed to remove the so-called revenge tax provision from President Donald Trump’s big bill

China, Beijing and trade deal

Associated Press News on MSN · 1d

Deal with Beijing will speed China’s export of minerals to the US, treasury secretary says

Washington and Beijing have signed a trade agreement that will make it easier for American firms to obtain magnets and rare earth minerals from China that are critical to manufacturing and microchip production.

US says deal with Beijing will expedite rare earth exports from China

The United States and China have resolved issues surrounding shipments of rare earth minerals and magnets to the U.S., Treasury Secretary Scott Bessent said on Friday, ironing out a dispute that stalled a deal reached in May.

CNBC on MSN · 1d

China, U.S. confirm details of their trade deal, Beijing says

The statement came after U.S. President Donald Trump said that both sides had signed a trade deal, without providing further details.

1d

Trump Treasury chief says tariff deals could be done by Labor Day as trade talks pick up

Treasury Secretary Scott Bessent said trade talks could yield multiple deals by Sept. 1, citing a new U.S.-China agreement on ...

1don MSN

Treasury secretary reveals 'peace deals' with China as rare earth supplies set to flow

President Trump's trade talks with China have led to "de-escalation," according to Secretary Bessent, who shared new details ...

1don MSN

Treasury chief predicts 10 more tariff deals by Labor Day — as EU reportedly nears new pact, too

If we can ink 10 or 12 of the important 18 [tentative tariff deals], I think we could have trade wrapped up by Labor Day,” ...

19hon MSN

Trump’s trade deals are stalling out at the worst possible time

With just a week and a half remaining of a 90-day pause on President Donald Trump’s “Liberation Day” tariffs, the White House ...

1d

Bessent Signals Trade Deals Will Be Delayed

The U.S. hopes to wrap up trade talks with more than a dozen nations by the start of September, Treasury Secretary Scott ...

2don MSN

Treasury Secretary Scott Bessent asks Congress to strip ‘revenge tax’ from Big Beautiful Bill

The provision would grant Trump the authority to tax foreign holdings of US investments as a way to retaliate against ...

1don MSN

Mike Johnson, Scott Bessent say SALT deal is ‘very, very close’

Speaker Mike Johnson (R-La.) and Treasury Department Secretary Scott Bessent said negotiations over the state and local tax ...

2d

US Treasury close to deal that would make ‘revenge tax’ irrelevant

Republicans are weighing whether to pull the controversial tax provision as it nears a deal with European nations and other ...

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