New Treasury Sec. Scott Bessent Says Tariffs Could Bring In $2.5 Trillion, Promises Minimal Impact on Consumers

Treasury Secretary Scott Bessent

Treasury Secretary Scott Bessent detailed Tuesday on Fox News the economic strategies of President Donald Trump, breaking down what he said are the potential fiscal benefits and minimal consumer impacts of implementing global tariffs.

During an appearance on “Special Report with Bret Baier,” Bessent said that leveraging tariffs could fundamentally alter the economic landscape without burdening consumers.

Read the full story