On the recordJuly 22, 2025
Business equipment production jumped 11% annualized in Q2 after a huge 23% gain in Q1 — the strongest back-to-back growth since 1997.
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Scott Bessent
Business equipment production jumped 11% annualized in Q2 after a huge 23% gain in Q1 — the strongest back-to-back growth since 1997.
Scott Bessent discusses the surge in business equipment production and its significance.
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No one is above this. This is economic asphyxiation of this regime … and no one should test our resolve.
Let there be no ambiguity as to the position of the United States: an economic engagement of any kind with this murderous regime will expose those responsible to the full reach of American power.
We are giving everyone the opportunity to remedy bad behavior," Bessent said.
I don’t think you can be in a tit-for-tat with someone who’s 13 times larger than you are.