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US Treasury Secretary Scott Bessent speaks in Washington on February 3, 2025.
Elizabeth Frantz | Reuters
Treasury Secretary Scott Bessent said the president was the president Donald Trumps The proposed tariffs are unlikely to raise inflation from inflation, because China will eat “continued tariffs.”
Bessent’s reviews are only two days before the tariffs are planned to take effect on Tuesday. Trump expected to be applied 25% of import from Mexico and Canada Tariffs. The President also announced that the United States will provide an additional 10% fee on the 10% tariff in the country on February 4.
Some economists They caused concern The probability of the tariffs may cause inflation and Continue to upgrade interest rates to 2026.
Bessent was asked in an interview with the “nation to the nation” that the tariffs could affect the average household in an interview.
“Well, we still don’t know because it depends on the road, but I can tell you, because I did not bother China. “China will pay for tariffs for exporting ways to this inflation.”
“They will eat the ongoing tariffs,” he said.
Ministry of Trade of China said on Friday This promised to take revenge on the latest tariff hike and necessary, “TRUP. After entering the initial tour of tariffs in February, China raised the tasks of the United States on energy import and added two US companies to the list of invalid institutions. Experts suggested to take similar measures after the addition of fresh tariffs.
“If the United States insists on its way, China will take all necessary measures to defend legal rights and interests,” he said.
Sunday was requested Last week’s comments Mexico proposed to adapt to US tariffs to prevent Trump’s tariffs. He also called on Canada to watch Mexico’s offer.
“We will see. The Mexican leadership suggested to do so,” he said. “We didn’t hear from Canadians, but I think it would be a very good start.”
He added that the announcements from the countries may come on Tuesday, or maybe we see the tariff wall, and then we see what happened. “
Follow: China will make the Trump’s Tariff Tariffs necessary after threatening
