Scott Bessent Says Tariff Rates Set To 'Boomerang Back' In August For Countries Failing To Strike A Deal

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Scott Bessent Says Tariff Rates Set To 'Boomerang Back' In August For Countries Failing To Strike A Deal

benzinga.com/markets/macro-economic-events/25/07/46269036/scott-bessent-says-tariff-rates-set-to-boomerang-back-in-august-for-countries-faili

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.
What Happened: During an interview with CNN on Sunday, Bessent echoed President Donald Trump‘s comments from Friday, stating…

This story appeared on benzinga.com, 2025-07-07 08:25:25.