Forex
globalreutersFebruary 3, 20251 Mins read
US TreasSec Bessent said tariffs inflationary, not good “for a US industrial renaissance”
globalreutersFebruary 3, 20251 Mins read US Treasury Secretary Scott Bessent in a letter to partners of Key Square Capital Management on January 31, 2024.
- “Tariffs are inflationary and would strengthen the dollar—hardly a good starting point for a US industrial renaissance.”
Along the same lines, Trump has promised pain for the US from his tariff trade war:
- Trump inflicts economic pain for Americans with his tariff war launch
- Trump says he’ll speak with Canada’s Trudeau on Monday
This article was written by Eamonn Sheridan at www.forexlive.com.
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