Article 6VR0M Cheap goods ‘not essence of American dream’, Trump official says amid tariff price fears

Cheap goods ‘not essence of American dream’, Trump official says amid tariff price fears

by
Callum Jones in New York
from World news | The Guardian on (#6VR0M)

Treasury secretary Scott Bessent defended the new administration's aggressive trade strategy

Buying cheap products is not the essence of the American dream," Donald Trump's top economic official has declared, amid warnings that the US president's trade wars risk increasing prices.

The US treasury secretary, Scott Bessent, defended the new administration's aggressive trade strategy on Thursday, two days after it imposed sweeping tariffs on Canada and Mexico and hiked duties on China.

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