Tariffs to Revert to April Levels by August 1 Without Trade Deals

TL;DR Summary
U.S. Treasury Secretary Scott Bessent announced that tariffs set in April will revert to their previous levels for countries without new agreements by August 1, as part of ongoing trade negotiations, with the possibility of new trade deals being announced soon.
Topics:nation#business#economic-policy#tariffs#trade-negotiations#trump-administration#us-china-trade
- Bessent: Tariffs will 'boomerang' back to April levels by Aug. 1 for countries without deals CNBC
- Tariffs return to April rates on August 1 without deals, Bessent says Axios
- Treasury secretary says countries without trade deals will see tariffs 'boomerang' to April rates by Aug. 1 NBC News
- Trump says tariff letters to 12 countries signed, going out Monday CNBC
- US Trade Partners Race for Deals as Trump Readies Tariff Notices Bloomberg
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