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Any Price Increase from Tariffs Would Be ‘Slight,’ ‘Transitory,’ May Not Happen and Inflation Will Fall Overall

On Fox News Channel's “Ingraham Angle” broadcast on Thursday, Treasury Secretary Scott Bessent said he was not convinced that tariffs would raise prices. , you can see a slight increase for a one-time period, and it will be very small” and “ultimate temporary” and inflation will fall across due to other policies.

Host Laura Ingraham asked, “Now, the usual suspects are creating inflation and asking what you say?”

“Well, during the big inflation of Laura, '22, '23, all we heard was that it was temporary. The ultimate temporary, hit, the price was If it rises, we don't know if they will. The currency absorbs a huge amount, which means foreign producers absorb a large amount. But if that's the case, we'll do once We could see a small increase of as much as possible, and it is very small, compared to everything else that other President Trump is doing, it is very small, and exists against inflation , inflation will decrease overall.”

Ingraham then said: This is Wall Street Journal point. “She then turned to tariffs, particularly on American allies.

to follow Ian Hunchet on Twitter @ianhanchett

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