China tariffs

Insights from Scott Bessent on US Trade Policy and China Relations

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Scott Bessent Schools CBS Host on Basic Economics After ‘Gotcha’ Question

Scott Bessent Schools CBS Host on Basic Economics After ‘Gotcha’ Question
Scott Bessent

Trent Walker – Treasury Secretary Scott Bessent took a seasoned CBS News anchor to school, brushing off previous warnings she made concerning inflation during an interview on her Sunday news program. With this one rebuttal, Bessent waved away months of skepticism concerning President Donald Trump’s economic policies.

Bessent made an appearance on “Face the Nation,” where he squared off against anchor Margaret Brennan on the topic of the president’s tariffs and the alleged threat they pose to Americans’ bank accounts. Continue reading →

Trump’s Trade Strategy Pays Off: U.S.-China Tariffs Reduced Dramatically

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Trump’s Trade Chess Game Yields Major Victory as China Folds

Trump’s Trade Chess Game Yields Major Victory as China Folds
Scott Bessent

Noah Stanton – In the complex game of international trade, knowing when to apply pressure and when to ease off requires the touch of a grandmaster. Like a chess player who sacrifices a pawn to gain positional advantage, sometimes the most powerful moves aren’t immediately obvious to casual observers.

When President Trump announced his sweeping tariff policy earlier this year, markets trembled and critics warned of economic catastrophe. The business press painted dire pictures of empty store shelves and skyrocketing prices. Warren Buffett himself called the tariffs “not right or wise,” and a Fox News poll showed only 33% of Americans approved of Trump’s tariff policy. Continue reading →