Washington (USA), April 3 (LaPresse) – U.S. Treasury Secretary Scott Bessent said that one of the purposes of the tariffs "is to set the stage for long-term economic growth." "With our massive government spending, it was unsustainable," he said on Fox News. "We have moved away from that trajectory and are getting back on a healthy one." When asked how countries like China, which will face an overall tariff rate of 54% on imports, should respond, Bessent replied: "We'll see what they do." "My advice to every country right now is: do not react. If you react, there will be an escalation," he added.