U.S. Treasury Secretary Besten gave a speech at a think tank:

Tariffs, tax cuts, and deregulation are the three components of macroeconomic strategy

Working together, it takes time, "short-term pain" is a necessary step to reorganize the global trade order, and will ultimately benefit the public.

Treasury Secretary Besten is a core member of the Trump administration's tariff policy team.

Original article: https://www.toutiao.com/article/1831327263129728/

Disclaimer: The article only represents the author's personal views.