Treasury Secretary Scott Bessent is standing strong behind President Trump’s tough trade policies, praising the president’s unmatched skill in negotiating deals that put America first. Bessent recently slammed China for its retaliatory tariffs, calling them a “loser move” that will backfire on Beijing. He argues that China’s economy is too dependent on exporting to the U.S. to win a trade war.
Bessent highlighted President Trump’s strategy of using tariffs to force other countries to the bargaining table. Over 70 nations have already reached out to discuss fairer trade terms, with Japan leading the charge as a key ally. The administration believes these talks will create better deals for American workers and businesses, bringing factories and jobs back home.
China’s decision to hike tariffs to 84% shows its leaders aren’t serious about fixing the trade imbalance, Bessent says. He points out that China sends five times more goods to the U.S. than it buys, making it vulnerable to Trump’s tough stance. The Treasury Secretary also called out China for failing to stop the flow of deadly fentanyl into America, demanding they crack down on drug exporters.
While stock markets dipped briefly, Bessent insists the U.S. economy is “in pretty good shape.” He notes strong job growth and confident business leaders as proof that Trump’s policies are working. The recent market swings, he claims, are just temporary jitters caused by reckless trading on Wall Street, not a sign of real economic trouble.
Bessent urged countries hit by Trump’s tariffs to “take a deep breath” and avoid retaliation. Retaliating would only hurt their own economies, he warned, since the U.S. holds the advantage as the world’s biggest consumer market. The administration wants partners to come to the table ready to drop unfair trade barriers instead of escalating tensions.
The Treasury Secretary sees the tariffs as a short-term tool to achieve long-term wins. As more companies move production to America, he predicts tariff revenue will drop while income taxes from new jobs rise. This shift, Bessent argues, will shrink trade deficits and make the U.S. less dependent on foreign goods.
Conservative leaders applaud the administration’s bold approach, saying weak leadership in past decades allowed countries like China to exploit American workers. By standing firm, Trump and Bessent are finally forcing other nations to respect fair trade rules. The message is clear: play by America’s rules or lose access to our markets.
With negotiations underway and the economy holding steady, the administration remains confident. Bessent vows to keep pushing until every trade deal puts American interests first. As he puts it, “No one creates leverage like President Trump” – and the world is finally starting to listen.