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TORRES: Does the Trump administration regret imposing tariffs on goods that cannot be produced domestically at scale? Do you realize that was foolish? BESSENT: Do you realize we use the leverage to bring down tariffs on other countries? TORRES: Tariffs on bananas give you leverage? BESSENT: You're being very naive

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Aaron Rupar

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413,939 просмотров • 4 месяцев назад •via X (Twitter)

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Treasury Secretary Scott Bessent schools low IQ Democrat Ritchie Torres on the basic principles of negotiation: TORRES: "Are you willing to commit to no longer imposing tariffs on any product..." BESSENT: "That would be the definition of foolish in a negotiation."

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Welker: "Isn't the fact that you're rolling back tariffs an admission that they ultimately do drive up prices?" Bessent: "Kristen, how much does your arm weight?" Welker: "I do not know, exactly?" Bessent: " But you know how much you weigh and you get on the scale every morning."
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Welker: "Isn't the fact that you're rolling back tariffs an admission that they ultimately do drive up prices?" Bessent: "Kristen, how much does your arm weight?" Welker: "I do not know, exactly?" Bessent: " But you know how much you weigh and you get on the scale every morning."

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GEIST: Do you think tariffs help or hurt prices for consumers in this country? BESSENT: I think tariffs help consumers GEIST: Do you believe tariffs are a tax on consumers? BESSENT: I do not believe tariffs are a tax on consumers
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GEIST: Do you think tariffs help or hurt prices for consumers in this country? BESSENT: I think tariffs help consumers GEIST: Do you believe tariffs are a tax on consumers? BESSENT: I do not believe tariffs are a tax on consumers

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Q: "What's your plan if Trump's tariffs are struck down by SCOTUS?" Bessent: "I am confident that we will win at SCOTUS." Q: "Are you prepared to offer rebates?" Bessent: "We would have to give a refund on about half the tariffs which would be terrible for the Treasury."
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Q: "What's your plan if Trump's tariffs are struck down by SCOTUS?" Bessent: "I am confident that we will win at SCOTUS." Q: "Are you prepared to offer rebates?" Bessent: "We would have to give a refund on about half the tariffs which would be terrible for the Treasury."

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TRUMP: Scott, India. Tell me about India. Why is India allowed to do that? They have to tariffs. Do they have an exemption on rice? BESSENT: No sir. We're still working on their trade deal TRUMP: They shouldn't be dumping. Give me the countries if you could. Mark it down, Scott.
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TRUMP: Scott, India. Tell me about India. Why is India allowed to do that? They have to tariffs. Do they have an exemption on rice? BESSENT: No sir. We're still working on their trade deal TRUMP: They shouldn't be dumping. Give me the countries if you could. Mark it down, Scott.

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TRUMP "MARKS DOWN" INDIA! TRUMP: Scott, India. Tell me about India. Why is India allowed to do that? They have to tariffs. Do they have an exemption on rice? BESSENT: No sir. We're still working on their trade deal TRUMP: They shouldn't be dumping. Give me the countries if you could. Mark it down, Scott.
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TRUMP "MARKS DOWN" INDIA! TRUMP: Scott, India. Tell me about India. Why is India allowed to do that? They have to tariffs. Do they have an exemption on rice? BESSENT: No sir. We're still working on their trade deal TRUMP: They shouldn't be dumping. Give me the countries if you could. Mark it down, Scott.

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Bessent: He’s putting secondary tariffs on India for Russian oil Baier: Why not do that to China? China buys more Russian oil than India does.’ Bessent: Well, we already have a deal with China. There is no existing deal with India. The China tariffs could be on the table at some point.
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Bessent: He’s putting secondary tariffs on India for Russian oil Baier: Why not do that to China? China buys more Russian oil than India does.’ Bessent: Well, we already have a deal with China. There is no existing deal with India. The China tariffs could be on the table at some point.

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Suozzi: Do you think tariffs have caused prices to go up? Bessent: Negligibly Suozzi: You just reduced tariffs the other day on farm equipment because you wanted to reduce prices on farm equipment because you thought it caused the prices to go up
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US Treasury Secretary Scott Bessent told Bloomberg TV that Mexico has proposed matching Washington’s tariffs on China. He urged Canada to do the same, perhaps as a way to avoid tariffs on Canadian goods and create Fortress North America.

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If other countries zero out their tariffs, what should the Trump administration do? If the Trump administration responds by dramatically cutting our tariffs, that’d be a home run for America. More on Verdict, here:
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If other countries zero out their tariffs, what should the Trump administration do? If the Trump administration responds by dramatically cutting our tariffs, that’d be a home run for America. More on Verdict, here:

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Trump Imposing Tariffs on various countries
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