Treasury Secretary Scott Bessent appeared on “This Week” Sunday with host Martha Raddatz and defended his boss Donald Trump on the tariff issue, saying the president has a method to his moves:
“In game theory, it’s called ‘strategic uncertainty,'” Bessent said of Trump’s back-and-forth tariff strategy. “So you’re not going to tell the person on the other side of the negotiation where you’re going to end up. Nobody’s better at creating this leverage than President Trump.”
“He’s shown these high tariffs — and here’s the stick,” he continued. “And the carrot is ‘Come to us, take off your tariffs, take off your non-tariff trade barriers, stop manipulating your currency, stop subsidizing labor and capital, and then we can talk.'”
Bessent on Trump Tariff Strategy: “In Game Theory, It’s Called Strategic Uncertainty”https://t.co/vSAQaD56I2
“You’re not going to…
