Reported about 8 hours ago
President Donald Trump reiterated his plan to raise tariffs on certain countries by July 9, but Treasury Secretary Scott Bessent indicated that some negotiations might extend beyond this deadline, particularly for significant trade agreements before Labor Day. While Trump hinted at the possibility of unilateral tariff increases for smaller economies lacking deals, Bessent noted ongoing negotiations with major trading partners, including a focus on high-value manufacturing in the U.S.
Source: YAHOO