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AiCoin
AiCoin|Nov 05, 2025 22:20
[U.S. Treasury Secretary Besent Expresses Optimism About Tariff Case Victory] U.S. Treasury Secretary Besent expressed that he is 'very optimistic' about the government winning the case after attending oral arguments in the U.S. Supreme Court tariff case. Besent pointed out that tariffs are aimed at protecting American manufacturing, and as domestic industries develop and import substitution progresses, tariff revenues will gradually decline. He also mentioned the conflict between President Trump and lawyers regarding the purpose of tariffs: Trump stated that tariffs are an important source of federal revenue, while the lawyers argued that increasing revenue is not the goal of imposing tariffs. Besent emphasized that the goal of tariffs is to achieve balance.
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Timeline

Dec 05, 14:22The government's efforts to restore businesses and livelihoods
Dec 04, 07:23Trump administration advances the layout of the robotics industry
Nov 29, 11:22Investigation into the incident of weapons handed over to criminal gangs
Nov 26, 12:41Bolivia negotiates financing of over $9 billion with multilateral institutions
Nov 24, 22:55The Trump administration blocks Musk from testifying in court
Nov 23, 03:52Trinidad and Tobago Passes Crypto Regulatory Bill
Nov 19, 18:07The House of Representatives discusses repealing the government funding provisions.
Nov 14, 19:28The Trump administration delayed LIHEAP funding
Nov 12, 00:28The Trump administration may continue withholding food aid funds
Nov 11, 23:00A nationwide power outage occurred in the Dominican Republic.

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