--

[U.S. Treasury Secretary Besent Expresses Optimism About Tariff Case Victory] U.S. Treasury Secretary Besent expressed that he is 'very optimistic' about the government winning the case after attending oral arguments in the U.S. Supreme Court tariff case. Besent pointed out that tariffs are aimed at protecting American manufacturing, and as domestic industries develop and import substitution progresses, tariff revenues will gradually decline. He also mentioned the conflict between President Trump and lawyers regarding the purpose of tariffs: Trump stated that tariffs are an important source of federal revenue, while the lawyers argued that increasing revenue is not the goal of imposing tariffs. Besent emphasized that the goal of tariffs is to achieve balance.

Loading...