Treasury Secretary Scott Bessent Slams Trump Tariffs Critics As S&P 500 Rallies 20% Since April Announcement: 'They've Just Been Wrong'
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U.S. Treasury Secretary Scott Bessent defended President Trump's tariff policies, highlighting a 20% surge in the S&P 500 since the April announcement. He criticized critics of the tariffs, asserting they were wrong about the economic impact. Bessent, a proponent of Trump's America-first policies, expressed optimism about the U.S. economy, attributing positive trends to tax reforms and an investment boom. However, economist Peter Schiff countered Bessent's views, warning of risks from rising federal debt and a weakening dollar.
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