Bessent defends Trump's tariffs against claims they harm US businesses
1. Treasury Secretary Bessent defends tariffs as beneficial long-term for U.S. economy. 2. Tariff revenues reached $31 billion in August, highest monthly total for 2025. 3. Domestic manufacturing and job creation expected to accelerate in the coming months. 4. Bessent claims tariffs will improve competitiveness despite short-term costs to consumers. 5. Justice Department plans to appeal court ruling on tariff authority to Supreme Court.