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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.
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: Trump tariffs set to ‘boomerang back’ to higher rates if deals not reached
Treasury Secretary Scott Bessent said on Sunday that countries will see their respective tariff rates “boomerang back” on Aug ...
Tariffs will revert to April levels if countries don't make a deal by August 1, Bessent says
Tariffs are set to return to President Donald Trump's original April levels without new trade deals by August 1, Treasury ...
Trump administration teases more trade deals, but shifting tariff deadlines raise more questions
Treasury Secretary Scott Bessent declined to rule out the prospect of serving as the next chair of the Federal Reserve if ...
Trump confirms ‘letter or a deal’ by July 9. Bessent says tariffs will ‘boomerang’ to April levels if no deals by August 1
Treasury Secretary Scott Bessent said tariff letters will be sent to about 100 countries over the next several days, as the Trump administration’s 90-day tariff pause comes to an end Wednesday.
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 ...
Trump announces 25% tariffs on South Korea and Japan
Trump plans new tariffs as the 90-day pause on some of his most aggressive tariffs is set to expire this week.
Scott Bessent values ‘market-based indicators’ over Powell influence
Treasury Secretary Scott Bessent downplayed Federal Reserve Chairman Jerome Powell’s economic analysis and claimed Bessent ...