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Scott Bessent: “Section 122 right now is still at 10.”

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

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Scott Bessent: Inside Trump's Treasury; War Costs; & Why Bond Market is King

Published | Video Starts at 43:52

So, yes, there was Section 301. Section 122. Would that mean that the UK is going to go up from 10% to 15% again? Section 122 right now is still at 10. It's still at 10. I guess the broad point you're saying that it's putting tariffs back to where they were, but not to where they were a few years ago … (43:52–43:56)

CLAIM

Asserts that the Section 122 tariff rate is currently 10%.

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PolitiQuote is a civic library index to statements made by politicians in publicly available video records. The index is created automatically from transcripts, with no editorial oversight or analysis. Highlighted quotes are selected by AI. Words may be added in parentheses to offer context for the quote. There may be errors in the transcription and display, so listen to the video to ensure accuracy.

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