On the recordJuly 7, 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 Aug. 1st, you will be boomerang back to your April 2nd tariff level.
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 Aug. 1st, you will be boomerang back to your April 2nd tariff level.
Bessent explains the consequences for trading partners regarding tariffs.
Share
More from Scott Bessent
The Harvard Square inflationista is offering a statistical sleight of hand, not a serious assessment of today’s U.S. economy.
Today’s actions send a clear message that even the biggest financial institutions are not above the law.
Unequivocally no cuts in Social Security," he said. "The Trump accounts are a supplement, not a substitute… if they have maintained their Trump accounts into retirement age, then they will also have a substantial nest egg that they can…