On Wednesday, U.S. Treasury Secretary Scott Bessent took to the podium to educate CNN’s Kaitlan Collins on the vital role of buying American-made products. This exchange came on the heels of the administration’s much-discussed “Liberation Day,” a day that saw a significant uptick in tariffs imposed globally. While Collins was quick to challenge the effectiveness of the new tariffs, Bessent remained poised, emphasizing the long-term benefits of a pro-American manufacturing strategy.
The conversation, which took place just outside the White House, focused on the Biden administration’s recent decision to impose a 25% tariff on foreign-assembled vehicles. Collins, known for her aggressive questioning, was eager to probe how this tariff would benefit the domestic car industry. With foreign-made cars making up a significant portion of the U.S. market, Collins wondered how quickly the administration could turn the tide toward increased domestic manufacturing.
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“You’ve got half of the cars coming into the United States as foreign-made, that’s hard to turn around overnight,” she stated, pressing Bessent on how auto executives might deal with the potential fallout of sluggish sales. Bessent’s response was simple but direct: “Buy American.”
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