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Bessent defends Trump's tariffs against claims they harm US businesses
Fox Business·2025-09-08 02:56

Treasury Secretary Scott Bessent downplayed claims on Sunday that tariffs were harming American businesses and consumers, arguing that any short-term costs were outweighed by long-term benefits to U.S. competitiveness. Bessent argued that President Donald Trump's economic agenda has only been in effect for "a couple of months" and that the tariff policies need more time to play out. He added that the sweeping measures will strengthen domestic manufacturing and create new construction and factory jobs. TRUMP ...