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Scott Bessent Breaks Down How Tariffs Could Bring In $2.5 Trillion, Promises Minimal Impact On Consumers

Treasury Secretary Scott Bessent stated that a 10 percent global tariff could generate $2.5 trillion over 10 years.
President Donald Trump introduced comprehensive tariffs on imports from China, Canada, and Mexico to address illegal immigration and drug trade.
In response to Trump's tariffs, Mexico deployed troops at the U.S.-Mexico border, and Canada committed to enhancing security along the U.S.-Canada border.
Taiwan's President Lai Ching-te pledged to increase U.S. Investment and engage in discussions about the semiconductor industry after the tariff announcement.

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The Ohio Star

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

by Mariane Angela 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. “I think that very li…

4 days ago·Ohio, United States

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NOQ Report

+3 Reposted by 3 other sources

Bessent: Tariffs ‘Could Bring’ Substantial Revenue, But We Use Them for Other Purposes As Well

(Breitbart)—On Tuesday’s broadcast of the Fox News Channel’s “Special Report,” Treasury Secretary Scott Bessent said that “the tariffs could bring in a substantial amount of revenue for the government” but they’re also used for other things like making trade fairer and negotiating on things like fentanyl and he believes that “very little” of the cost of tariffs will be passed on to consumers. Host Bret Baier asked, [relevant exchange begins arou…

3 days ago

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WLTReport

Treasury Secretary: Set to Gain Trillions in Tariffs

Treasury Secretary Scott Bessent has gone on gone on Fox News to explain that tariffs are the new economic move for this country. On “Special Report with Bret Baier,” Bessent explained how tariffs might just be the game-changer. We’ve been seeing that President Trump’s economic playbook filled with this move. And for good reason! It’s high time we started getting paid rather than bleeding funds to every country in the world while getting robbed …

Scott Bessent Breaks Down How Tariffs Could Bring In $2.5 Trillion, Promises Minimal Impact On Consumers

Scott Bessent detailed the economic strategies of President Donald Trump, breaking down the potential fiscal benefits and minimal consumer impact.

4 days ago·Washington, United States

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BOOK RIOT

How Tariffs Will Impact Book Costs for Readers

The way publishers print their books isn’t as straightforward as it might seem to the average reader. For many years, print production has struggled under consolidation. There are just a few US printers able to handle the needs of US publishers, and thus, a number of books produced by US publishers aren’t printed in America. Many go to Canada and/or Canada is the source where printers are able to access enough paper to meet their needs. Other bo…

2 days ago

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The Daily Caller broke the news in Washington, United States 4 days ago on Wednesday, February 19, 2025.

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Scott Bessent Breaks Down How Tariffs Could Bring In $2.5 Trillion, Promises Minimal Impact On Consumers

9 Articles

9 Articles

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

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

Bessent: Tariffs ‘Could Bring’ Substantial Revenue, But We Use Them for Other Purposes As Well

Bessent: Tariffs ‘Could Bring’ Substantial Revenue, But We Use Them for Other Purposes As Well

Treasury Secretary: Set to Gain Trillions in Tariffs

Treasury Secretary: Set to Gain Trillions in Tariffs

Scott Bessent Breaks Down How Tariffs Could Bring In $2.5 Trillion, Promises Minimal Impact On Consumers

Scott Bessent Breaks Down How Tariffs Could Bring In $2.5 Trillion, Promises Minimal Impact On Consumers

How Tariffs Will Impact Book Costs for Readers

How Tariffs Will Impact Book Costs for Readers

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