Story perspectives
US Treasury Chief Defends Tariffs to Revive Economy
3/7/2025
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Story summary
- US Treasury Secretary Scott Bessent passionately defended tariffs as a vital tool in transforming the global economy to benefit America. At the Economic Club of New York, he asserted that the American dream revolves around prosperity rather than merely low prices. Amid market downturns, he instilled confidence in investors about the administration's ambitious economic vision.
