America First Report
SUBSCRIBE
  • Home
  • About Us
No Result
View All Result
Economic Collapse Report
  • Home
  • About Us
No Result
View All Result
Economic Collapse Report
No Result
View All Result
Home Type Curated

Bessent: Tariffs ‘Could Bring’ Substantial Revenue, But We Use Them for Other Purposes As Well

by Breitbart
February 19, 2025
in Curated, Videos

(Breitbart)—On Tuesday’s broadcast of the Fox News Channel’s “Special Report,” Treasury Secretary Scott Bessent said that “the tariffs could bring in a substantial amount of revenue for the government” but they’re also used for other things like making trade fairer and negotiating on things like fentanyl and he believes that “very little” of the cost of tariffs will be passed on to consumers.

Host Bret Baier asked, [relevant exchange begins around 7:05] “Do you plan to pay for things with tariffs coming in? And how does that factor into tariffs possibly being passed on to consumers?”

Bessent answered, “President Trump uses tariffs unlike any president in modern times. And, we think about it three ways: One can be revenues for the government. Two can be to make trade fair. Because a lot of our trading partners do not treat us fairly. And three, President Trump uses them for negotiating, as he did with Colombia, as you’re seeing with Mexico, with Canada with the fentanyl crisis that we’re having. So, there is a chance that the tariffs could bring in a substantial amount of revenue for the government. So, for instance, a 10% global tariff would bring in 2.5 trillion over 10 years.”

Baier then asked, “But what would that mean for the consumer if you’re fighting inflation at the same time?”

Bessent responded, “I think one of the — in what we’re hearing and seeing, I think that very little of that would be passed on to the consumer. I think the currency adjusts, I think that, especially China, that the companies on the other side, the exporters are going to eat a lot of the cost, and then, three, I think, for overall inflation, when we get energy prices down, when we deregulate, that, as we saw in President Trump’s first term, inflation’s going to be under control, at the Fed’s target of 2%, probably less.”






Why One Survival Food Company Shines Above the Rest

Let’s be real. “Prepper Food” or “Survival Food” is generally awful. The vast majority of companies that push their cans, bags, or buckets desperately hope that their customers never try them and stick them in the closet or pantry instead. Why? Because if the first time they try them is after the crap hits the fan, they’ll be too shaken to call and complain about the quality.

It’s true. Most long-term storage food is made with the cheapest possible ingredients with limited taste and even less nutritional value. This is why they tout calories so much. Sure, they provide calories but does anyone really want to go into the apocalypse with food their family can’t stand?

This is what prompted the Llewellyns to launch Heaven’s Harvest. They bought survival food from multiple companies and determined they couldn’t imagine being stuck in an extended emergency with such low-quality food. They quickly discovered that freeze drying food for long-term storage doesn’t have to mean sacrificing flavor, consistency, or nutrition.

Their ingredients are all-American. In fact, they’re locally sourced and all-natural! This allows their products to be the highest quality on the market, so good that their customers often break open a bag in a pinch to eat because they want to, not just because they have to due to an emergency.

At Heaven’s Harvest, their only focus is amazing food. They don’t sell bugout bags, solar chargers, or multitools. They have one mission – feeding Americans in times of crisis.

What they DO offer is the ability for people to thrive in times of greatest need. On top of long-term storage food, they offer seeds to help Americans for the truly long-term. They want them to grow their own food if possible which is why they offer only Heirloom, Non-GMO, Non-Hybrid, Open-Pollinated seeds so their customers can build permanent food security on their own property.

Visit the Heaven’s Harvest website and use promo code “Patriot” for a discount today!

Tags: BreitbartEconomyLedeTop Story
Next Post
Mexico Seizes $40M in Meth Following Trump Pressure on Drug Trafficking.

Mexico Seizes $40M in Meth Following Trump Pressure on Drug Trafficking

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • About Us
  • Contact
  • Home
  • Privacy Policy
Site Operated By JD Rucker.

© 2024 Economic Collapse Report.

No Result
View All Result
  • Home
  • Original
  • Curated
  • Aggregated
  • News
  • Opinions
  • Videos
  • Podcasts
  • About Us
  • Contact
  • Privacy Policy

© 2024 Economic Collapse Report.

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?