Treasury Secretary Scott Bessent
- Tariff revenue could be used for tax cuts
- I think tariffs will generate substantial revenues
- I learned to ignore survey data in my 35 years in the investment business
- Had substantial talks with Japan
- India easier to negotiate with than other countries
- Asia trading partners have been the most forthcoming
- Tax bill will give certainty
- We want to see internet tax in EU removed
- White House will sign executive order on auto tariffs later today
This is nothing new so far aside from the auto tariffs, which was leaked yesterday.
- White House Press Sec Leavitt: Amazon announcement was hostile
Amazon is planning to put an indicator on goods purchases to show how much is tariffs.
