See no confirmation of that, but if true...fine.
Delta passes on paying Airbus tariff...most airlines eye delaying orders...
https://www.zerohedge.com/markets/delta-cuts-outlook-refuses-pay-tariff-airbus-jetsPart of the process, should delay orders.
This is as much about breaking the elitist cabal of globalists as it is about trade fairness.
U.S. Secretary of the Treasury Scott Bessent laid out President Trump’s financial policy priorities for the American Bankers Association (ABA) on Wednesday, saying that Main Street America will now take priority.
Bessent speaking at the ABA’s Washington Summit, said, “For too long, financial policy has served large financial institutions at the expense of smaller ones— no more.”
The Treasury Secretary stated that, “It’s Main Street’s turn to hire workers, it’s Main Street’s turn to drive investment and it’s Main Street’s turn to restore the American dream.”
Bessent announced the Trump administration’s shift to focusing on helping Main Street businesses and consumers thrive by giving all institutions a chance to succeed, adding, “For the last four decades, basically since I began my career in Wall Street, Wall Street has grown wealthier than ever before, and it can continue to grow and do well.”
Addressing fears of a looming recession, Bessent defended Trump’s agenda of tax cuts, deregulation and trade rebalancing and noting that,
“We want to de-leverage the government sector, re-leverage the private sector …. we can’t do it all at once, or that will cause a recession.”
Bessent added,
“What will keep us from having a recession is making sure that the tax bill doesn’t expire, adding back 100% depreciation and then adding some of President Trump’s agenda — no tax on tips, no tax on Social Security, no tax on overtime.”
In an interview on CNBC, Bessent reiterated the president’s goal of bringing jobs and manufacturing back to the U.S. as well as raising wages, increasing revenues and reviving the American dream.https://www.zerohedge.com/personal-finance/its-main-streets-turn-restore-american-dream-us-treasury-secretary-warns-wallThe wealth gains of the elites had no greater friend than big government policies...it is practically a 1:1 game of government grift benefitting the 1% at the expense of the bulk of the remaining 99%.
Real growth, real income and a better standard of living for the 99% is driven by private sector growth NOT the public sector and grotesque government deficit spending that feeds the grift!
H/T's-CTH
This is good, Sundance does a great part of outlining the strategic composition of the Trump Team on Trade and the strategic approach it takes and makes what I would term as logical projections of where things are going. Read it all -
https://theconservativetreehouse.com/blog/2025/04/10/background-details-of-trump-global-trade-reset-highlight-secretary-bessent-as-key-for-now/His comment on the Snow Mexicans made me snort!
But as mentioned in the above...all of this, all of the Trump agenda, trade, taxes, elimination of waste fraud and abuse, secure border must be achieved, and gains have been made but all must be pushed over the finish line to lock in real growth and prosperity and rebalance the American dream from the elite to the people.
