U.S. Tariff Strategy Aims to Revitalize Domestic Employment

According to BlockBeats, U.S. Treasury Secretary Besent stated in an interview with CNBC that the United States is increasing tariffs on several countries as part of a reciprocal tariff strategy. The goal is to bring trade partners back to the negotiating table and restore jobs to the United States. Besent explained, "By erecting a tariff wall, the ultimate aim is to bring jobs back to the U.S. However, in the meantime, we will impose significant tariffs." He added, "If we succeed, tariffs will eventually diminish like a melting ice block. As manufacturing facilities are established in the U.S., revenue will be generated, and as tariffs decrease, we will begin to collect taxes from new industries through payroll taxes. There should be a certain level of symmetry between these two aspects."