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Posted on 04/03/2025 10:55:13 PM PDT by Az Joe
Treasury Secretary Scott Bessent made it clear in an interview with CNN that the era of trade imbalances is over, and under President Trump, the U.S. will no longer tolerate unfair treatment. During a discussion with CNN’s Kaitlan Collins, Bessent confidently explained the administration’s position on tariffs and trade policy, signaling that Trump’s economic strategy is deliberate and well thought out. When pressed on how the administration’s policies could impact the auto industry, particularly regarding vehicles made with foreign parts, Bessent was blunt. “If half the cars coming into the United States are foreign-made, that's hard to turn around overnight, as you know,” Collins said. “So what would you say to people in the auto industry who are worried about that timeline and how quickly that could shift?” “Buy American,” Bessent said bluntly. He also clarified that the United States-Mexico-Canada Agreement (USMCA) exempts certain vehicles and parts from the new tariffs.
(Excerpt) Read more at pjmedia.com ...
WHY WHY WHY are administration officials giving legitamacy to CNN by being on their shows?
Kick Kaitlan to the kurb.
She’s an insurrectionist.
Counter the 100% negativity I guess
The best way to make the dinosaur media irrelevant is to ignore them.
Do you worry about dinosaurs in your life? I only do if im watching jurassic park!
There is COUNTLESS fresh and young other sources of smaller media who would actually appreciate and respect the opportunity to have one on one’s with top officials.
Real questions would gwt asked instead of the media circus show.
Imagine a non biased guy with a following like peter santenello getting a little time with the vance family or an interview with vance.it would be a lot more authentic and interesting and truthful then anything cnn will cobble together. Screw the Acosta types.
The first month or so of the admin seemed like DJT was setting the media narrative. As you can see in the past month or so, the media is trying to set the narrative against DJT.
So we need to change tactics.
I am still trying to figure out the Canada tariff situation....was it Fentanyl and illegal border crossings? (Both very minimal and not mentioned by the administration any more). Or is it the tariffs that Canada has on American goods? Those tariffs were negotiated/approved and praised by President Trump under his “USMCA” agreement 4 years ago (it replaced “NAFTA”). Kinda strange “mixed messages”.
https://ustr.gov/trade-agreements/free-trade-agreements/united-states-mexico-canada-agreement
He played several historical soundbites critical of tariffs, including one from Reagan, who blamed the Great Depression partially on the 1930 Smoot–Hawley Tariff Act.
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Kaitlin is a kute PITA.
She’s pretty high on the crazy axis of the Matrix.
"But the impact of trade was miniscule when compared to the size of the overall economic contraction. Government expenditures remained essentially constant, but private consumption and investment plummeted. Of the $131 billion in lost economic output over the five-year period, only about $0.7 billion seems attributable to trade. This is shown as the last entry in the last row of the table. In either absolute or relative terms, the trade portion of the economic contraction of the Great Depression appears to be of little import."
Read more at the American Thinker
Tariffs need to be fair, and dynamically trending to low/zer0.
Please stop posting the Smoot Hawley globalist proganda/lie.
Tariffs need to be high and permanant, and dynamically trending to 100%.
Both of you sound like globalist Nazis
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Yeah, agreed, but some just imposed by the USA make me scratch my head...10% on Costa Rica?? Bring banana & coffee jobs back to the USA? Wrong climate...not going to happen....it is just a 10% price increase for Americans unfortunately.
Tariffs help reduce the US budget deficit. Or don’t Republicans care about that anymore?
Maybe Costa Rico needs to buy more MAGA hats?
The question what changed under Biden to change Trump’s mind.
EC
Yeah, people are blabbering about the 30s while forgetting we had the worst drought we’ve ever had.
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