Staff Reports
Treasury Secretary Scott Bessent recently delivered a warning that should resonate like a foghorn in the ears of nations contemplating retaliation against the United States in response to President Trump’s newly imposed tariffs on “Liberation Day.” With a steady hand, Bessent advised these nations to take a step back and not act rashly. It’s as if he’s playing a game of chess while others are merely tossing their pieces into the air and hoping for the best. The message was crystal clear: retaliate at your own peril.
While sitting comfortably in the studio, Bessent had to endure the classic CNN panic-mongering, particularly from host Kaitlan Collins, who attempted to stoke fears of a potential full-blown trade war. Bessent, however, dexterously reminded her that trade history favors the United States. The deficit country holds a critical advantage over the surplus countries, a historical fact that seems to elude those who panic at the mere mention of tariffs. It seems that Bessent took it upon himself to educate the uninformed on the realities of trade relationships.
Bessent: "One of the messages that I'd like to get out tonight is everybody sit back, take a deep breath, don't immediately retaliate, let's see where this goes. Because if you retaliate, that's how we get escalation." pic.twitter.com/7byIZJ8vt4
— Aaron Rupar (@atrupar) April 3, 2025
As for Trump’s new tariff strategy, it’s nothing short of exhilarating for those who embrace a robust economic backbone. Effective April 5, there’s a baseline tariff of 10 percent on all imports, with more severe rates targeting countries that dare impose higher duties on American goods. President Trump isn’t pulling any punches either; from midnight, foreign cars will be hit with an eye-popping 25 percent tariff. It’s like a financial fireworks show, but this time, the United States is holding the firepower.
Trump’s address painted a vivid picture of a global trade system that has taken its toll on America for far too long. Describing past international dealings as a “looting” of American prosperity starkly contrasts the old narrative painted by globalists. The president is making it abundantly clear that he is done playing nice, showcasing charts that demonstrate the hefty taxes imposed on imports from various nations, including a shocking 34 percent on goods from China. Such moves are not just bold; they are necessary measures to protect American interests.
In a world where fear-mongering is the norm, it was refreshing to see Bessent remain calm under fire, counteracting the algorithm-fed fears emerging from CNN. He reiterated that the administration is merely navigating through turbulent trade waters with a keen eye on outcomes. This isn’t just a knee-jerk reaction; it’s a calculated move to boost the U.S. economy and ensure other nations think twice before provoking a trade war. Class is back in session, and it’s time the world learns the rules of trade like they should have been taught ages ago.
