Tariffs return to April rates on August 1 without deals, Bessent says

axios.com/2025/07/06/trump-tariffs-letters-trade-war

Countries that don't make trade deals with the U.S. by August 1 can expect tariff rates to return to the levels announced in April, Treasury Secretary Scott Bessent said Sunday.
Why it matters: It's effectively a new deadline for the biggest U.S. trading partners to negotiate an…

This story appeared on axios.com, 2025-07-06 13:49:23.
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