Trump Threatens Tariff Backlash
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•US Politics
US Politics
Bessent: Tariffs will 'boomerang' back to April levels by Aug. 1 for countries without deals

66% Informative
Treasury Secretary Scott Bessent said tariffs announced back in April will take effect on Aug. 1 for countries that have not reached an agreement with the U.S. President Donald Trump will send letters to some trading partners saying tariffs will boomerang back to April 2 levels if there is no progress, he said.
The 90-day pause on the steep tariffs he had unveiled just days prior on most major trading partners is due to expire on Wednesday .
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74
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19
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