Pod Force One One-on-One with Treasury Secretary Scott Bessent: Tariff Derangement Syndrome, Elon Musk Feud, and the Royal Family.
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Jun 18, 2025 
Scott Bessent, Treasury Secretary and a key figure in global finance, shares his candid insights with Miranda Devine. He discusses the concept of "Tariff Derangement Syndrome" and his complicated relationship with Donald Trump. Bessent addresses his controversial remarks about Elon Musk, revealing personal anecdotes from his childhood that fueled his success. He highlights a rise in blue-collar jobs due to effective economic strategies and explores the intricate dynamics of governance during his term, all while weaving in his views on U.S. international relations.
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Evolution of US Tariffs
- Alexander Hamilton's tariffs funded the Treasury and protected emerging US industries.
- President Trump added negotiation leverage, making tariffs a powerful tool.
Tariffs' Economic Impact
- The feared economic downturn from Trump's tariffs never materialized.
- Inflation dropped and blue collar wages have increased, showing tariff success.
Blue Collar Wages Rise
- Blue collar wage growth under Trump is the highest seen since his first term.
- Manufacturing focus and border control helped boost wages for working Americans.
