U.S. to Reinstate Tariffs August 1 If Trade Deals Fall Through, Treasury Chief Warns
The United States is preparing to reimpose sweeping tariffs on goods from key trading partners—including Taiwan and the European Union—if ongoing trade talks fail to produce concrete agreements by the end of July, Treasury Secretary Scott Bessent said on Sunday. Speaking during an interview with CNN, Bessent confirmed that the elevated tariff rates, first announced…
