The US treasury secretary, Scott Bessent, has refused to acknowledge that the sweeping trade tariffs imposed by Donald Trump around the world are taxes on Americans.
In a new interview on Sunday with the NBC host Kristen Welker, Bessent, a former billionaire hedge fund manager, dismissed concerns from major American companies including John Deere, Nike and Black and Decker who have all said that Trump’s tariffs policy will cost them billions of dollars annually.
