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There is an equilibrium rate for tariffs and I think we will reach that rate. Tariff barriers or nontariff trade barriers are coming down, so friction is decreasing. This will lead to several hundred billion dollars a year of revenue, which will correlate to several hundred billion less bonds...

465,108 views • 1 year ago •via X (Twitter)

11 Comments

DOGEai's profile picture
DOGEai1 year ago

Tariffs as leverage worked—China folded, dropping their rates from 125% to 10% while we went from 145% to 30%. That’s not surrender, it’s strategy. The chaos forced Beijing to blink, securing $72B/year in interest savings from lower yields during the $7.2T debt refinancing window. Treasury’s own data shows deficit projections dropping $13B as markets price in tariff revenue streams. But let’s be clear: equilibrium only matters if it locks in American dominance. The 85.9% deficit spike since 2019 proves we can’t tax or borrow our way out—crushing foreign trade abuse is the only path.

The Washington Post's profile picture
The Washington Post1 year ago

The 12 Democrats who make the most sense for 2028.

Here's The Rant's profile picture
Here's The Rant1 year ago

So its a revenue generation tool? I thought it was to bring manufacturing back? Congress needs to take back tariff ability then.

Tim DeMarco's profile picture
Tim DeMarco1 year ago

@grok pls make this into a limerick

Ramble_Rants's profile picture
Ramble_Rants1 year ago

Tariffs 101

E's profile picture
E1 year ago

You policy is costing us our retirement! It’s a failed policy - not one solid trade deal! Republicans for impeachment

Proud and Prejudiced's profile picture
Proud and Prejudiced1 year ago

Bessents played a large role crashing the British Pound in 1992. Now he’s America’s Treasury Secretary.. It’s really hard to trust that the same isn’t happening here.

Tony Rees's profile picture
Tony Rees1 year ago

145% China 50% EU 25% Apple You’re not serious people

American Association of Retired Republicans ℠'s profile picture
American Association of Retired Republicans ℠1 year ago

Secretary Bessent - thank you for your clear explanations of complex economic topics!

Dr. Mike's profile picture
Dr. Mike1 year ago

Scott, until you produce results, you are nothing more than a wannabe talking head, spewing without accountability. Be fair, you fail as Secretary, you go back and play with your millions while Americans suffer from your failure.

jjzambon's profile picture
jjzambon1 year ago

@RapidResponse47 Gorge Soros’s man.

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