President Trump believes three things on tariffs, Treasury Secretary Scott Bessent says: 1. They're a good source of revenue. 2. They protect critical industries. 3. They're a good negotiating tool.

Trump's tariffs: $200B from China by 2035. $1.3T from Canada/Mexico over 10 yrs. Forced USMCA deal & border security wins. China Phase One deal stopped worst IP theft. Critics ignore fentanyl crisis & supply chain security. Temporary price hikes worth protecting American jobs & safety.

Dive into the critical issues shaping economic policy, from President-elect Trump’s sweeping tariff proposals to the challenges Texas faces under rising government spending. Now is the time for bold reforms to protect taxpayers and ensure economic freedom thrives.

@SecScottBessent Do you think tariffs are a smart move for the economy or a risky gamble? 🇺🇸

@SecScottBessent Great negotiating tool, as we are all witnessing right now.

@SecScottBessent stocks are redder than a politician's campaign hat 📛

@SecScottBessent Tariffs are a great negotiating tool.

@SecScottBessent Exactly

@SecScottBessent Trifecta 🇺🇸💯

@SecScottBessent Reciprocal tariffs are fair and will make sense to most people. Using them for diplomacy should be a last resort. I understand Mexico, but still do not understand the idea behind putting tariffs on Canada.

@SecScottBessent Markets are all crazy because people cannot handle the tariffs. They are good! My lord people.

@SecScottBessent Trump is still lying about who pays the tariffs. The importer pays the tariffs. American importers. Then what? They pass the cost on to American consumers. Importers in the US pay the tariffs to the US Treasury, not the exporter. Hundreds and hundreds of billions, Trump says.