Treasury Secretary Scott Pessant told “Meet The Press” to NBC that President Donald Trump’s economic agenda needs more time and reiterated that comprehensive global definitions will restore local manufacturing functions.
Treasury Secretary Scott bet The allegations that were reduced on Sunday were reduced that the customs tariff was hurting American companies and consumers, on the pretext that any short -term costs excelled through long -term benefits on American competitiveness.
Bessent argued that president Donald Trump The economic agenda was only valid for “two months” and that customs tariff policies need more time to play.
He added that overwhelming measures will enhance local manufacturing and create new construction and factory functions.
Trump says we will be “destroyed” without the revenues of the tariffs
US Treasury Secretary Scott Beesen considers that US President Donald Trump signs executive orders at the White House Oval Office on April 09, 2025. (Anna Moneymaker / Getty Images / Getty Images)
“We cannot capture our fingers and build factories,” said Besent Christine Wilker of “NBC” from “Neet
Trump calls the sudden tariff “very beautiful to see” as it sailed critical in
The United States raised more than $ 31 billion in Customs tariff revenues In August, already the highest monthly total so far for 2025.
The total customs tariff revenues of 2025 amounted to more than $ 183 billion, according to the latest “customs and taxi taxes” issued by the Ministry of Treasury.
BESSENT has already said that customs tariff revenues can be used to help pay off the country’s debts, which stands in 37.4 trillion dollars As of September 5.
A container ship sails outside the port in Qingdao, in the Eastern Shandong County on August 7, 2025. (St/AFP/Getty Images/Getty Images)
Bessent’s comments come as the Trump administration maintains global tariff rates.
On August 29, the Court of Appeal said that the authority to put such definitions fall directly with Congress or within the frameworks of current commercial policy. The ruling does not affect the definitions imposed by other legal authorities, such as Trump’s drawings on steel and aluminum imports.
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Public Prosecutor Pam Bondi The Ministry of Justice announced that the Supreme Court’s decision will appeal. Meanwhile, the Court of Appeal allowed patients to stay in place until October 14.
“President Trump has been elected to change and we will work on economic policies that will properly put the economy,” Besint added.
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