---
title: "U.S. Treasury Secretary Becerra denied in an NBC News interview that Trump's trade tariffs are a tax"
description: "U.S. Treasury Secretary Becerra denied in an NBC News interview that Trump's trade tariffs are a tax on Americans, refuting concerns from companies like John Deere, Nike, and PPG. He pointed out that "
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/256284207.md"
published_at: "2025-09-07T21:57:40.000Z"
---

# U.S. Treasury Secretary Becerra denied in an NBC News interview that Trump's trade tariffs are a tax

> U.S. Treasury Secretary Becerra denied in an NBC News interview that Trump's trade tariffs are a tax on Americans, refuting concerns from companies like John Deere, Nike, and PPG. He pointed out that the harsh scenarios presented by these companies during earnings call meetings do not reflect the actual situation and emphasized that if the economy is so bad, why is GDP able to reach 3.3% and why is the stock market able to hit new highs. Becerra believes that Trump cares about both large and small companies

U.S. Treasury Secretary Becerra denied in an interview with NBC News the claim that Trump's comprehensive trade tariffs are a tax on Americans. He rebutted concerns from major U.S. companies such as John Deere, Nike, and Stanley Black & Decker, which have stated that Trump's tariff policy will cost them billions of dollars annually. Becerra stated, "People are drawing these conclusions from earnings call conferences where companies have to present harsh scenarios. But no company has come out and said, 'Oh, we did this because of the tariffs.'" He went on to add, "If things are that bad, why is GDP at 3.3%? Why is the stock market reaching new highs? Because President Trump cares about both big companies and small businesses."

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> **Disclaimer**: This article is for reference only and does not constitute any investment advice.