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Treasury secretary says countries without trade deals will see tariffs 'boomerang' to April rates by Aug. 1
Steep tariff rates are set to go back into effect after a 90-day pause on the April 2 rates that rocked the stock market.
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Bessent’s warning to countries as tariff deadline nears, ‘…unless you want to come back and try to negotiate’
Bessent confirmed that US allies and trading partners have been scrambling to finalise trade deals before the looming July 9 ...
Tariff rates to return to April levels if August trade deal deadline unmet, Bessent says
Treasury Secretary Scott Bessent said Sunday that counties that do not make deals with the United States by August will see ...
Bessent: Foreign Manufacturers Are Taking Tariff Costs Into Their Margins
Treasury Secretary Scott Bessent makes the case that Trump's tariffs have not caused inflation, or even significant price ...
Bessent teases new Aug. 1 deadline for tariffs, says Fed chair can’t cut rates like Trump wants
Treasury Secretary Scott Bessent revealed that the Trump administration is now eyeing Aug. 1 as the date to slap the ...
1Scott Bessent Says Tariff Rates Set To 'Boomerang Back' In August For...
Treasury Secretary Scott Bessent has cautioned that countries failing to negotiate a deal with the U.S. will face a return to higher tariff rates from August 1.
Treasury Secretary Scott Bessent Discusses Trump Tariff Strategy As Letters Go Out
On CNN, Treasury Secretary Scott Bessent discussed President Trump's tariff strategy as demand letters are sent out.
Dow down 100 points as soft tariff deadline approaches
U.S. stocks opened lower on Monday as investors kept an eye out for more trade-related news as President Donald Trump's flexible July 9 deal deadline approached. Treasury Secretary Scott Bessent said ...