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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.
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 ...
'He's taxing us': Trump makes new tariff threats
The president issued letters to several countries, including South Korea and Japan, warning that the tariff rate on their ...
Bessent outlines final tariff warning as trade deadline nears
Treasury Secretary Scott Bessent tells CNN’s Dana Bash that countries that fail to reach trade agreements by August 1 will ...
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 ...
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 ...
Trump announces tariffs of at least 25 percent on 14 countries
Financial markets are on edge about higher import taxes, but White House officials say they anticipate “a lot of deals very ...
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.