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Scott Bessent: “The ultimate goal of tariffs is rebalancing trade and…”

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

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FULL INTERVIEW: Scott Bessent Holds Interview After Supreme Court Strikes Down Trump Tariffs

Published | Video Starts at 07:20

So they reaffirmed his ability to block all trade. He just cannot accept $1 for. And I will tell you, like the tariff revenues, they have come into the Treasury. But more importantly, The ultimate goal of tariffs is rebalancing trade and bringing our trade deficits into balance. We've seen the goods sector, the deficit with our trading partners, drop by 17%. We've seen our bilateral deficit with China drop substantially. (07:20–07:30)

CLAIM

Asserts that the purpose of tariffs is to rebalance trade and reduce trade deficits.

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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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