"President Trump's going to be sending letters to some of our trading partners saying that if you don't move things along, then on August 1, you will boomerang back to your April 2 tariff level," ...
WASHINGTON — Treasury Secretary Scott Bessent said Sunday that the U.S. will revert to steep country-by-country tariff rates at the beginning of August, weeks after the tariff rate pause is set to ...
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Bessent says tariffs will 'boomerang back' to April levels if no deal, kick in August 1
Treasury Secretary Scott Bessent said on Sunday that if U.S. trading partners do not make progress on trade negotiations, tariffs will go back to April levels, effective August 1. “President Trump’s ...
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