On the recordJuly 8, 2025
President Trump is 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 levels.
Said by
Scott Bessent
President Trump is 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 levels.
Bessent outlines Trump's strategy for trade negotiations with partners.
Share
More from Scott Bessent
We want to make clear here today that no one is above the reach of U.S. sanctions.
I don’t think you can be in a tit-for-tat with someone who’s 13 times larger than you are.
Those who stand with the United States will reap the rewards of our partnership. Those who tether themselves to the Iranian regime should expect to share in the isolation of a withering regime.
Today, at President Trump's direction, the United States Treasury has begun Operation Economic Outcast, an unprecedented campaign against the Islamic Republic of Iran and its enablers,