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The Tucker Carlson Show

Treasury Secretary Scott Bessent Breaks Down Trump's Tariff Plan and Its Impact on the Middle Class

The Tucker Carlson Show

Tucker Carlson Network

Daily News, Politics, News, News Commentary

4.5 • 8.2K Ratings

🗓️ 4 April 2025

⏱️ 66 minutes

🧾️ Download transcript

Summary

Treasury Secretary Scott Bessent explains the administration’s new tariffs, and why we had to do something to stop the slide. (00:00) Trump’s Tariff Plan (05:42) The Current State of the Stock Market (08:22) Will Americans See Substantial Tax Cuts Because of Tariffs? (13:16) How Much Money Will America Make Through Tariffs? (14:33) Bringing Manufacturing Back to the US (24:14) Tariff Pushback From Foreign Countries (29:42) How Will Europe Be Impacted? Paid partnerships with: Tecovas: Get 10% off at tecovas.com/tucker ExpressVPN: Go to https://ExpressVPN.com/Tucker and find out how you can get 3 months of ExpressVPN free! iTrust Capital: Get $100 funding bonus at https://www.iTrustCapital.com/Tucker Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

This Sunday, a Derby rivalry resumes in the Premier League.

0:04.2

As Manchester United host Manchester City at Old Trafford.

0:07.7

What a game!

0:08.6

And you can stream every moment live on Sky Sports, available with no contract with Now.

0:14.8

Take a bow some.

0:16.1

Stream Manchester United versus Manchester City this Sunday from 4pm.

0:20.8

Well, it's just wonderful.

0:22.1

Head to nowtv.com.

0:24.1

18 plus Sky Sports content streamed via internet.

0:27.7

Full terms apply.

0:30.1

Mr. Secretary, thank you very much for joining us.

0:32.5

So we're at the Treasury Department.

0:33.9

President had a press conference yesterday next door,

0:41.3

in which he announced a whole new tariff regime global. He'd been promising to do this, well, for 40 years, really.

0:45.3

It came not out of nowhere, but it was clearly his intent all along, as stated, but it did rattle people, including some of his supporters.

0:53.3

So I just wanted to ask you, big picture, where do you think this leads?

0:57.8

Well, Tucker, and thank you for having me.

1:00.8

And as you said, the president's been talking about this for four decades.

1:04.1

Yes.

1:04.3

And this is transformational for the American economy, for the American worker,

1:09.7

and for the new Republican alignment. And, you know,

1:14.2

it's a combination of the old and new ideas. Some of the old ideas were put away. You know,

...

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