
US Tariffs to Take Effect August 1 Without Trade Deals, Says Treasury Secretary
This is Beirut, 06/07 18:10 - Reading : 3 minute(s)
Scott Bessent Donald Trump Tariffs United States
US tariffs will kick in on August 1 if trading partners from Taiwan to the European Union do not strike deals with Washington, Treasury Secretary Scott Bessent said Sunday. The rates will "boomerang back" to the sometimes very high levels that President Donald Trump had announced on April 2, before he suspended the levies to allow for ...