US Treasury Secretary Scott Bessent discusses President Trump’s tariff plans, federal deficit negotiations and the efforts to extend the 2017 tax cuts with Annmarie Hordern on “Balance of Power.”
Bessent walks through a strong, focused and deliberate outline while warning other nations not to assemble any retaliatory effort, or else the tariff ceiling currently outlined is likely to go much higher. WATCH:
SEGMENTS:
00:00- Bessent says of tariffs, “this is the number barring retaliation”
01:20- China tariff rate, potential rate
03:13- Bessent on markets: “A mag seven problem, not a MAGA problem
05:07- Potential timing of reconciliation bill
07:00 – US on Debt ‘Warning Track’ for May or June
07:45 – Bessent on raising revenues through tariffs
09:18 -Bessent discusses US soft data, sentiment
10:25 – Government agenda for the remainder of 2025, Ukraine progress, and Iran
If this Tariffs plan execute as designed, President Trump will go down as a great President.
Hoping and praying that we see economic benefits for the US people within 12-15 months, prior to the 2026 midterm election elections.
I fervently hope this works but if things don’t improve within one year Trump’s cooked and dems will win the mid term.
Americans have zero patience and have no stomach for a long game. Unlike China.
Will this be an instance of once the US citizens see this economic revolution they cannot un-see it?
Outright denial and propaganda on the part of the MSM, Wall street and Congress is ongoing.
So many missed the economic indications of righting of the US economy that took place in 2019. Covid and stolen 2020 election was the weapon which destroyed the first economic revolution.
A lot of hot air is escaping from a lot of balloons that have been deceiving the American public as to the actual state of the US economy – which has been the steady multi-vectored exfiltration of US worker-earned wealth into globalists’ bank accounts.
That exfiltration has been occurring via excessive fiat money printing combined with gargantuan fraud via USAID and many other government programs that purportedly funded foreign aid and domestic welfare as well as millions of make-work government jobs that produced nothing but maintained “employment” statistics.
Investment have relied too heavily on paper-based transactions and not nearly enough on hard manufacturing of tangible products and the services that support economic output. It’s mostly been a Ponzi scheme; a suckers gamble where the globalist banking house holds the cards.
The Magic Wand is Tariffs.
Tariffs: The Taxes That Made America Great
https://buchanan.org/blog/tariffs-the-taxes-that-made-america-great-136986
Does he have a nervous disorder or is he unwittingly shaking his head no during the entire conversation because he is lying?
I’m betting it is the former and hoping it is not the latter.
I looked past that and didn’t feel a need to comment on it
However, I like this guy he’s straight up and very sharp, coming out of the private sector he is no politician.
He’s working not for fame and glory or prosperity but for the good of the country
It’s simply the way he is – watch a lot of his videos, no matter what he’s talking about his physical manifestations are similar when dealing with media personalities.
PDJT has some brilliant people working with him. Scott Bessent is definitely in the top 1% of his cabinet/advisor roles. There will be some disruption over the next several months and even over the next several years.
A World War II trade disadvantage and lack of seasoned business savvy US trade rep’s AND Presidents over the course of that time span cannot be undone instantaneously. There will be bumps and canyons in the road ahead.
PDJT is the only guy who has demonstrated the business/genius acumen to steer the US in the right direction and make the necessary adjustments, so We the People can experience this Golden Age of MAGA/MAHA/MAWA.
😁🤣 PDJT may have the absolute possibility of seeing a 3rd term! Watching the liberal heads 🤯. 💪🏼😁😂😂