CNBC Host Obliterates Trump Backers For Story About Joe Biden Live On-Air

President Donald Trump’s trade narrative faced a significant setback recently, as Treasury Secretary Scott Bessent appeared visibly flustered during a live broadcast while attempting to defend the administration’s faltering economic strategies.This incident capped months of misleading assertions from Trump and his administration regarding trade “victories.” While Trump has boasted about securing $15 trillion in foreign investments through tariffs, Bessent’s own court documents inadvertently revealed that the actual figure is approximately $2.35 trillion.Bessent's appearance on CNBC's Squawk Box highlighted the disconnect between official claims and reality. When pressed about U.S. farmers’ access to Chinese markets, Bessent shifted blame to President Biden, stating that agricultural purchases by Beijing ceased after Trump’s term ended.Despite Bessent's explanations, host Joe Kernen succinctly shot back, pointing out the flimsy nature of the defense. Meanwhile, USDA data confirms that China has not purchased any American soybeans since May, instead opting for lower-priced options from South America, demonstrating the implications of the administration's trade policies.