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4:14Now PlayingDonald Trump's Treasury Secretary Scott Bessent makes stunning misstep in his attempt to defend Donald Trump's trade tariff consequences with most outrageous out of touch comments on American needs. John Iadarola breaks it down on The Damage Report. Leave a comment with your thoughts below!
Read more here:
Bessent defends Trump tariffsAmerican dream doesn’t mean access to ‘cheap goods’
"Treasury Secretary Scott Bessent defended President Trump’s global trade tariffs on Thursday at the Economic Club of New York, explaining that the Trump administration’s “America First trade policy” involves more than low prices.
“Access to cheap goods is not the essence of the American dream. The American dream is rooted in the concept that any citizen can achieve prosperity, upward mobility and economic security,” he said.
“For too long, the designers of multilateral trade deals have lost sight of this. International economic relations that do not work for the American people must be reexamined.”
The newly minted Treasury Department leader said the president will restructure trade relationships in an “aggressive campaign” to rebalance the international economic system."
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