Bessent Urges Tariffs to Stem Job Loss | Tulsa News

Treasury Secretary Scott Bessent is urging G20 nations to adopt tariffs to shield domestic industries from offshoring, warning that without action, manufacturing jobs could vanish as Chinese goods flood global markets. While acknowledging U.S. trade struggles and the risks of tariffs—like higher consumer prices and strained alliances—he argues other countries must act proactively to protect their economic foundations. Bessent recently met with Chinese officials, emphasizing de-risking the U.S.-China relationship while finding common ground on Iran and freedom of navigation. He also criticized China’s record trade surplus and excessive regulations as barriers to global economic health. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/c4f8c95db8fc317a