Bessent defends Trump tariffs: American dream doesn't mean access to 'cheap goods'
Treasury Secretary Scott Becent defended President Trump's global trade tariffs at his economic club in New York on Thursday, explaining that the Trump administration's “American First Trade Policy” includes more than low prices. “Access to cheap products is not the essence of American dreams. American dreams are rooted in the notion that any citizen can […]
Treasury’s Scott Bessent defends Trump tariffs for putting America first
Treasury Secretary Scott Becent stubbornly defended President Trump's tariffs on Thursday, arguing that trade policy should focus on getting the lowest possible price and more on putting America first. “Access to cheap products is not the essence of American dreams,” Bescent said in a speech to the economic club in New York. “The American Dream […]
Treasury Secretary Bessent: ‘I’m not worried about inflation’ from tariffs
Treasury Secretary Scott Bescent is discussing the US economy, tariffs and inflation at the New York Economic Club. (ecny) Treasury Secretary Scott Becent on Thursday said it would push back concerns raised over tariffs that would cause inflationary pressures to raise consumer prices, leading to a one-time “price adjustment.” Bescent spoke at the Economics Club […]
Scott Bessent Says Tariffs Will Go Up For Any Leader Acting Like ‘Numbskull’ Justin Trudeau
US Treasury Secretary Scott Bescent said on Thursday that Fox business host Larry Kudrow emulates “numbskull” like Canadian Prime Minister Justin Trudeau could see higher tariffs from the US. President Donald Trump announced Monday that he would cite the new tariffs in Canada, Mexico and China, and that “a huge amount of fentanyl” would be […]
Treasury Secretary Scott Bessent shrugs off Wall Street’s Trump tariff ‘selloff’
Treasury Secretary Scott Bescent has dismissed concerns about Trump's tariff sales on Wall Street after the White House declared a trade war with Canada, China and Mexico that surprised investors. Bescent said Fox and friends The commander's top priority is to live the standard of living of ordinary Americans despite market concerns over his move […]
Treasury Secretary Bessent: US-Ukrainian economic deal is dead in the water
President Volodymyr Zelenskyy traveled to Washington, D.C. on Friday to confirm the deal that would allow the US access to some of America's natural wealth in exchange for investment in the Reconstruction Fund, and the US economic presence that could be a deterrent to future attacks. Following the intense exchange between President Donald Trump and […]
Scott Bessent Delivers Small Business Relief with CTA Suspension
Treasury Secretary Scott Bescent announced on Sunday that the department would not enforce fines or penalties related to the Corporate Transparency Act. “This is a victory for common sense,” Bescent said. I said In a statement. “Today's actions are part of President Trump's bold agenda to unleash America's prosperity by limiting burdensome regulations, particularly for […]
Bessent Calls Zelensky’s White House Outburst ‘One of The Greatest Diplomatic Own Goals in History’
Treasury Secretary Scott Bescent blasted the actions of Ukrainian President Voldimia Zelensky during his visit to the White House on Friday as “unacceptable” and “one of the great diplomatic self-imposed goals in history,” highlighting the deep rift between Washington and Kiev. “It's extremely difficult to get an economic contract with a leader who doesn't want […]
Scott Bessent Explains How Simple Tactic To Reduce Regulatory Burden Will Lower Costs For Americans, Enhance Growth
U.S. Treasury Secretary Scott Bescent appeared on Fox Business on Thursday to discuss strategies aimed at reducing the regulatory burden that has plagued the economy in recent years. Bescent with his commitment to strengthen economic growth and reduce financial pressure on American families. I said “Kudlow” states that his upcoming tax bills will stimulate the […]
Australian treasurer seeking tariff exemption in talks with Bessent
Australia's treasurer Jim Chalmers will continue to push for steel and aluminum tariff exemptions this week in a discussion with Treasury Secretary Scott Becent. Chalmers traveled to Washington on Sunday night for his first in-person meeting with his counterpart since Bessent took over the post, but Chalmers said, “Our established relationships are more than this […]