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Empty shelves? US Treasury secretary not concerned 'at present'

  • US Treasury Secretary Scott Bessent addressed concerns on Monday regarding potential American goods shortages.
  • President Trump recently imposed tariffs on most nations, specifically targeting Chinese imports with high levies.
  • The tariffs included a 145 percent levy on Chinese goods, prompting China to retaliate with its own targeted measures.
  • Bessent stated he was "not concerned 'at present'," believing retailers had already "preordered" sufficient stock.
  • His remarks drew online criticism while some experts predict US imports could plunge by at least 20 percent.
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Mish Talk - Global Economic Trend Analysis broke the news in on Sunday, April 27, 2025.
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