Bulwark Takes Scott Bessent Is a Pathetic and Incompetent MORON
Apr 27, 2025
A recent national TV appearance turned into a disaster for a Treasury Secretary, showcasing their lack of knowledge about crucial trade negotiations with China. Concerns were raised about how this incompetence could affect small businesses. The discussion also scrutinized dubious claims of securing 200 tariff deals, questioning the legitimacy of such agreements. The podcast emphasizes the confusion and lack of real progress in trade relations with major partners, leaving listeners questioning the effectiveness of current policies.
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Bessent's Trade Negotiation Ignorance
- Scott Bessent, Treasury Secretary, showed lack of awareness about China trade negotiations on national TV.
- His ignorance on such a critical issue undermines confidence in the administration's trade strategy.
Tariffs Threaten U.S. Economy
- The 145% tariff on Chinese goods severely strains small U.S. businesses reliant on Chinese products.
- This trade war could trigger a recession with widespread economic disruptions like port shutdowns and empty store shelves.
No Real Trade Deals Yet
- Claims of '200 deals' on tariffs are exaggerated, mostly referring to sub-negotiations, not finalized agreements.
- There are no substantial trade deals made yet, only ongoing talks without any firm outcomes.