News / Business Trump’s previous tariff push terrified the world economy. He’s betting this time is different By JOSH BOAK, Associated Press Published: July 9, 2025, 7:39am ...

More than $100 trillion in household wealth is expected to be passed down as part of the Great Wealth Transfer, the largest in U.S. history, according to a new report.

Bessent added that “we don’t agree” with the Congressional Budget Office estimate that tariffs would bring in $2.8 trillion over 10 years, “which we think is probably low.” ...