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Sunday, April 6, 2025

Bessent Defiant on Tariffs as He Rejects a US Recession

 


US Treasury Secretary Scott Bessent on Sunday struck a defiant tone in the face of global financial markets selling off sharply in response to new US tariffs, arguing the new duties were necessary and rejecting the idea that they would cause a US recession.

“I see no reason that we have to price in a recession,” Bessent told NBC’s Meet the Press with Kristen Welker.

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