"President Trump's going to be sending letters to some of our trading partners saying that if you don't move things along, then on August 1, you will boomerang back to your April 2 tariff level," ...

Treasury Secretary Scott Bessent said on Sunday that countries will see their respective tariff rates “boomerang back” on Aug. 1 to the higher levels announced three months ago, if they don’t strike a ...

WASHINGTON — Treasury Secretary Scott Bessent said Sunday that the U.S. will revert to steep country-by-country tariff rates at the beginning of August, weeks after the tariff rate pause is set to ...

Treasury Secretary Scott Bessent said President Donald Trump will send letters to some trading partners saying tariffs will boomerang back to April 2 levels on Aug. 1 if there is no progress. Bessent ...