Treasury Secretary Bessent: Trump has normalized the idea of a 15-20% tariff

Forex Short News
  • Trump has normalized the idea of a 15 – 20% tariff.
  • I’ve evolved on the idea of tariffs.
  • Tariffs have not set off any inflationary mindset
  • China has consistently cut prices for exports.
  • I don’t believe tariffs are a tax
  • The Supreme Court need to be prudent about undoing Trump’s IEEPA tariffs.
  • He is optimistic on Supreme Court tariff decision.

This article was written by Greg Michalowski at investinglive.com.