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Scott Bessent: “Next year all the trade deals and thanks to the tax bill…”

Featuring: Scott Bessent, Republican | Secretary of the Treasury | National

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Watch CNBC's full interview with Treasury Secretary Scott Bessent

Published | Video Starts at 14:40

So Becky, two weeks ago I was at my hometown in Charleston, South Carolina. Boeing was doing a substantial expansion of their plant for the Dreamliner. Thousand new great high paying jobs and I think Next year all the trade deals and thanks to the tax bill we're going to see some, we're going to see a broadening out of the CapEx cycle. So what we are seeing is that CAPEX is spreading out and historically capex always leads to more jobs. This build out has been tremendous. It will continue to be. (14:40–14:52)

CLAIM

Asserts that trade deals and the tax bill will broaden the CapEx cycle next year.

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