Benson denies that Trump's tariffs are a tax on Americans

Jinse Finance reported that U.S. Treasury Secretary Bensent denied in an interview with NBC News the claim that Trump's comprehensive trade tariffs are a tax on Americans. He dismissed concerns from major American companies such as John Deere, Nike, and Black & Decker, all of which stated that Trump's tariff policies would cost them billions of dollars each year. Bensent said: "People draw these conclusions from earnings calls, where companies have to present harsh scenarios. But no company has come forward to say, 'Oh, we did this because of tariffs.'" He went on to add: "If things are so bad, why is GDP at 3.3%? Why is the stock market hitting new highs? Because President Trump cares about both big companies and small businesses." (Golden Ten Data)