Bessent calls tariffs ‘a one-time price adjustment’

Apr 7, 2025 - 00:00
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Bessent calls tariffs ‘a one-time price adjustment’
Treasury Secretary Scott Bessent said on Sunday that President Trump’s tariffs are a “one-time price adjustment,” which he stressed is different from continuous price increases caused by inflation. In an interview on NBC News’s “Meet the Press,” moderator Kristen Welker asked Bessent about remarks from last January, when Bessent wrote, “Tariffs are inflationary.” “Have you…

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