U.S. Treasury Secretary Expects Major Trade Deals in Coming Weeks, Cites Strong Tariff Revenues

Treasury Secretary Benson Signals Optimism on Trade and Fiscal DeficitAccording to TechFlow, U.S. Treasury Secretary Benson stated on May 23 that the U.S. is on track to finalize several major trade agreements within the next few weeks, suggesting a more active and revenue-focused trade policy strategy.Benson also noted that the current tariff policy has become a significant source of federal revenue, projecting hundreds of billions of dollars in annual tariff income in the future. He described the fiscal outlook as "increasingly optimistic", particularly in relation to deficit reduction efforts.