Trade Deal Deadlines and Tariff Updates Amidst Negotiations
TL;DR
Treasury Secretary Scott Bessent expressed confidence that the Trump administration would secure trade agreements with several countries before the August 1 deadline for steep tariffs, with some negotiations possibly extending to that date. The administration plans to inform countries about potential tariff increases if deals are not reached promptly, aiming to finalize multiple agreements within the next few days amid ongoing trade tensions.
Topics:nationbusiness#business#international-negotiations#tariffs#trade-deals#trump-administration#us-trade-policy
- Bessent Says He Expects Trade Deals by This Week’s Deadline The New York Times
- Bessent says tariffs will ‘boomerang’ to ‘Liberation Day’ levels if countries fail to negotiate deals CNN
- Lutnick Says Trump’s Tariffs Will Take Effect on Aug. 1 Bloomberg.com
- Trump team moves goalposts on tariffs again Politico
- Trump says tariff letters to 12 countries signed, going out Monday CNBC
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