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Treasury secretary on inflation, tariffs and Ukraine deal

Treasury Secretary Scott Bessent discussed tariffs, stating they will begin on March 4, with a major tariff plan to be revealed on April 2 by commerce and USTR.
Bessent commented on the potential economic impact of tariffs, claiming, "China will eat any tariffs that go on."
China's Ministry of Commerce responded to U.S. Tariffs, stating, "If the U.S. Insists on its own way, China will take all necessary countermeasures to defend its legitimate rights and interests.

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Mother Jones

Trump’s plan to tackle inflation? An “affordability czar”

Meanwhile, the administration will proceed with tariffs on Mexico and Canada, which economists say will drive up prices for consumers.

15 hours ago·United States

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CBS News

Treasury Secretary says Ukraine economic deal is not on the table after Zelenskyy "chose to blow that up"

Treasury Secretary Scott Bessent said an economic deal with Ukraine is not currently on the table after a contentious Oval Office meeting.

17 hours ago

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KYMA

Treasury secretary on inflation, tariffs and Ukraine deal

WASHINGTON (CBS, KYMA/KECY) - Treasury Secretary Scott Bessent spoke with Margaret Brennan on Face the Nation Sunday about the economy, inflation, and tariffs. When asked when Americans can expect to experience the benefits that President Donald Trump said would be coming in day one after Brennan shared a CBS News poll showing "at least half the country reports concern about paying for food and groceries and housing." "I think President Trump sa…

18 hours ago

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CNBC

Treasury Secretary Bessent says Trump tariffs won't cause inflation to increase

The Treasury secretary's comments come just two days before the tariffs are scheduled to go into effect.

18 hours ago·United States

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The Daily Wire

Treasury Secretary Bessent Explains Why China Will Eat The Costs Of U.S. Tariffs

Treasury Secretary Scott Bessent said during an interview over the weekend that China would eat all the costs that come from new tariffs that President Donald Trump is going to enact against the communist nation. Bessent made the remarks during a Sunday CBS News interview with Margaret Brennan on “Face the Nation” when asked if ...

21 hours ago·Nashville, United States

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vh2.tv

Scott Bessent says Trump tariffs won’t cause inflation to increase

U.S. Secretary of the Treasury Scott Bessent speaks at the White House in Washington on Feb. 3, 2025. Elizabeth Frantz | Reuters Treasury Secretary Scott Bessent said Sunday that President Donald Trump’s proposed tariffs are unlikely to raise inflation, in part because China will “eat any tariffs that go on.” Bessent’s comments come just two days before the tariffs are scheduled to go into effect on Tuesday. Trump is expected to impose 25% tari…

14 hours ago

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