Treasury Secretary Scott Bessent made it clear in an interview with CNN that the age of commerce inequities is around, and under President Trump, the U. S. will no longer suppress harsh treatment.  ,
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During a conversation with CNN’s Kaitlan Collins, Bessent safely explained the government’s place on tariffs and trade plan, signaling that Trump’s financial strategy is deliberate and well thought out.
When pressed on how the government’s plans could affect the car industry, especially regarding cars made with unusual parts, Bessent was harsh.  ,
” If half the trucks coming into the United States are foreign-made, that’s hard to turn around immediately, as you know”, Collins said. ” So what would you say to people in the automobile market who are worried about that timetable and how quickly that may switch”?
” Get American”, Bessent said plainly. He also clarified that the United States-Mexico-Canada Agreement ( USMCA ) exempts certain vehicles and parts from the new tariffs.
Collins attempted to raise issues from U. S. friends, questioning what the management would say to nations like South Korea and Japan, which are now facing increased taxes. Bessent’s reply was primary:” Well, I do say they’ve been doing it to us for a long time. And, and if they don’t like taxes, then why do they possess them”? His reply underscored the government’s approach that America has been on the losing end of trade talks for very long.
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As for whether the taxes should be considered continuous, Bessent took a wait-and-see method. ” I think we’re gonna rush and see how this plays out”, he said, suggesting that changes may be made based on how the legislation unfolds.
Collins also asked about the possibility of reprisal from other countries. Some foreign officials have hinted at ability measures, while others have opted to see before making a walk. Bessent urged compassion. ” One of the information that I’d like to find out now is anyone sit up, take a deep breath, don’t immediately fight, let’s see where this goes. Because if you retaliate, that’s how we get increase”.
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When Collins pressed him on whether like escalation could turn into a full-fledged trade conflict, Bessent dismissed the idea. ” No a, not a trade war. Depends on the state”, he said, before explaining that past favors the United States in for problems.
” Realize that the history of business is, we are the deficit state. The gap state has an edge”, he explained. “]The some ] are the income countries. The deficit countries typically often lose any kind of a business escalation”.
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His message to foreign institutions was clear: Acting hurriedly would be a mistake. ” As a pupil of financial background or a teacher of socioeconomic background, I’d suggest against it”, he said. When Collins sought more clarification, he reinforced the stage:” I did say that doing anything rash may be irresponsible”.
” I think we’re going to wait and see how this plays out”.
Treasury Secretary Scott Bessent speaks to @kaitlancollins about what will happen next in Trump’s business war after the President announced new taxes tomorrow. Observe: photograph. twitter.com/VrAA8ADW1p
— TheSourceCNN (@TheSourceCNN) April 3, 2025
Bessent’s notes left no doubt that Trump’s business plans are rooted in historical law and proper analysis. While globalists may panic, the Trump administration remains confident that America is in a stronger position than its trade partners. And history is on our side.
Bessent’s message is clear: Trump knows exactly what he’s doing.
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