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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.
Bessent says tariffs will ‘boomerang’ to ‘Liberation Day’ levels if countries fail to negotiate deals
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.
US tariffs on European goods threaten to shake up the world’s largest trade relationship
America’s largest trade partner is awaiting word on whether U.S. President Donald Trump will impose punishing tariffs on its ...
Trump’s ‘reciprocal’ tariff pause is about to expire. Cue the confusion
The 90-day deadline President Donald Trump set for countries to make trade deals with the United States or risk substantially higher tariffs is just days away. What will happen after that’s reached at ...