Bessent argued that Trump’s tariffs haven’t fueled inflation and pointed to the market rebound after the April selloff as evidence. “The dog that didn’t bark,” he said, was the predicted economic damage from tariffs, which hasn’t materialized.
Bessent argued that Trump’s tariffs haven’t fueled inflation and pointed to the market rebound after the April selloff as evidence. “The dog that didn’t bark,” he said, was the predicted economic damage from tariffs, which hasn’t materialized.