Scott Bessent Confirmed As Treasury Secretary, Pushes For Gradual Universal Tariffs Up To 20%

Contributing sentiments towards policy:

53% : "We have to bring production back to our country," Trump said.
53% : "When asked by reporters last week whether he planned to introduce universal tariffs, Trump replied: "We may.
52% : According to the Epoch Times, negotiating the extension of those tax cuts will be one of Bessent's major responsibilities even as he pushes for 3 percent annual growth, significant trims to deficits, and increasing domestic oil production by 3 million barrels a day.
46% : "We may not be there yet, but we will be there soon, especially if Trump follows through on his urging to abolish income tax altogether, which implies that tariffs would need to somehow generate similar amounts of revenue.
42% : "Like a lot of Wall Street titans, he's opted out of paying a fair share into Medicare," said Sen. Ron Wyden (D-Ore.), ranking member on the committee.
36% : Trump was speaking after a day of turmoil in US stock markets, triggered by a tech sell-off as China appeared to make a leap ahead of the US in the global artificial intelligence race.
21% : Meanwhile, Trump has threatened to force tariffs of up to 25% on imports from Canada and Mexico as soon as this weekend, and in recent days threatened Colombia with 25% tariffs in a dispute over deportees.

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