On Tuesday’s broadcast of the Fox News Channel’s “Special Report,” Treasury Secretary Scott Bessent said that “the tariffs could bring in a substantial amount of revenue for the government” but they’re also used for other things like making trade fairer The post Bessent: Tariffs ‘Could Bring’ Substantial Revenue, But We Use Them for Other Purposes As Well appeared first on Breitbart.
Treasury Secretary Scott Bessent highlighted that tariffs could generate significant revenue for the government, while also serving to ensure fair trade and act as a negotiating tool, as demonstrated by President Trump's approach. He noted that a 10% global tariff could yield $2.5 trillion over a decade and emphasized that consumers would likely bear minimal costs from tariffs.
