Economic Quote by Scott Bessent

Tariffs protect ill-considered government policies, such as costly regulations and high taxes on labor and capital that make our goods uncompetitive in international markets.

— Paul Craig Roberts

The truth is that tariffs have a long and storied history as both a revenue-raising tool and a way of protecting strategically important industries…

— Scott Bessent

First of all, a president of the United States can't unilaterally impose a tariff on another country. It takes an act of Congress, and…

— Sherrod Brown

The problem with tariffs is they shift higher costs onto the backs of non-protected industries and consumers.

— Stephen Moore

For too long, the conventional wisdom has rejected the use of tariffs as a tool of both economic and foreign policy. However, like Alexander…

— Scott Bessent

I would recommend that tariffs be layered in gradually.

— Scott Bessent

A protective tariff is a typical conspiracy in restraint of trade.

— Thorstein Veblen

If you don't like Chinese economic policy, flooding the market with over production, you could put a sanction on them, or a tariff.

— Scott Bessent

[Donald Trump] basically has said, 'No it's more of a threat than an actual reality.' I do not think we're going to see tariffs…

— Maria Bartiromo

TARIFF, n. A scale of taxes on imports, designed to protect the domestic producer against the greed of his consumer.

— Ambrose Bierce

The EU has made it very clear that for frictionless trade and no tariffs on goods there is a mechanism for achieving that, but…

— Hilary Benn

The benefits of a tariff are visible. Union workers can see they are "protected". The harm which a tariff does is invisible. It's spread…

— Milton Friedman