Treasury secretary: ‘My advice to every country right now is do not retaliate’

Treasury Secretary Scott Bessent encouraged countries around the world to refrain from retaliating against the U.S. in light of President Trump’s reset of tariff policy, arguing the administration is preparing the U.S. for “long-term” economic growth. 

“My advice to every country right now is, do not retaliate, sit back, take it in, let’s see how it goes, because, if you retaliate, there will be escalation. If you don’t retaliate, this is the high water-mark,” Bessent said during his Wednesday evening interview with Fox News’s Bret Baier.  Read more