Scott Bessent: “Imported goods, the inflation has actually been flat.”

“You have said recently that you think tariffs help consumers. If tariffs help consumers, why is the administration rolling them back? Well, first, first of All Kristen, if you look at the data that Imported goods, the inflation has actually been flat. Inflation is up because of the service economy and, and services. So that has nothing to do with tariffs and many of the food items where the inflation is coming down.” (02:58–03:04)

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