” Bessent wrote

Nov 18, 2024 | insidetrade.com | Margaret Spiegelman |Scott Bessent |” Bessent wrote

Scott Bessent, a hedge fund manager widely reported to be a frontrunner to be the next Treasury secretary, on Friday issued a ringing endorsement of tariffs after facing criticism from some key stakeholders close to the incoming president who claim he is not sufficiently on board with the incoming president’s trade agenda. “For too long, the conventional wisdom has rejected the use of tariffs as a tool of both economic and foreign policy,” Bessent wrote in an op-ed published by...