Aug 7, 2025
Treasury Secretary Admits Trump’s Tariffs Are Paid by Americans
Scott Bessent acknowledged that the “billions” in tariffs the president says are flowing “into” the U.S. are footed by importers, who can pass the cost onto consumers
Scott Bessent acknowledged that the “billions” in tariffs the president says are flowing “into” the U.S. are footed by importers, who can pass the cost onto consumers