The Secretary of the United States Treasury (USA), Scott Bessent, spoke with the media on Thursday, playing a variety of topics during an interview in the “Squawk On the Street” segment of CNBC, subtracting importance from the fall of several weeks in the stock market rates of the USA as “recent volatility”
Outstanding statements
We are focused on the real economy.
The objective are long -term gains for the American markets and people.
I am not worried about some volatility for three weeks.
We are focused on the medium and long term.
Maybe inflation is controlling.
A US government closure would be disruptive.
Regarding Trump’s threat of a 200% tariff on the EU alcohol: I am not sure why one or two articles of one or two commercial blocks are a big problem.
Apart from metals and probably cars, everything else is at stake for tariff negotiations.
If commercial partners want to intensify things, countries with surplus will suffer the greatest impact.
Companies generally support the transition far from government spending.
I have confidence that Trump’s fiscal bill is on his way.
Detoxification is not a euphemism for recession.
We are trying to finish the tax bill and control expenses.
Regarding the weakening of the US dollar: a lot was already discounted, it is natural to see an adjustment.
We hope to reach a tax bill in the coming weeks.
We have had a great dismantling in the markets.
I blame the Democrats for the possible closure.
We want to protect strategic industries and jobs.
Source: Fx Street
I am Joshua Winder, a senior-level journalist and editor at World Stock Market. I specialize in covering news related to the stock market and economic trends. With more than 8 years of experience in this field, I have become an expert in financial reporting.
