US Treasury Secretary Projects 3.5% Economic Growth in 2026
US Treasury Secretary Scott Bessent announced during a Wall Street Journal Opinion Live event in Washington that the fundamentals of the US economy remain strong. He projected that economic growth could reach or exceed 3.5 percent in 2026.
Bessent further discussed trade policy, noting that US tariffs previously imposed on other countries may return to former levels by July. This adjustment follows a February Supreme Court decision which ruled that former President Donald Trump exceeded his authority under emergency law when imposing broad global tariffs.
The Secretary's statements highlight anticipated economic performance for the year and signal potential changes in US tariff enforcement policy mid-year. No additional operational impact or broader geopolitical consequences were detailed in the statements.
