Bessent Says Tariffs Will ‘Boomerang Back’ to April Levels by Aug. 1 for Countries Without Deals
Treasury Secretary Scott Bessent testifies before the House Ways and Means Committee on Capitol Hill in Washington on June 11, 2025. Madalina Vasiliu/The Epoch Times Treasury Secretary Scott Bessent said on July 6 that the Trump administration is close to securing several trade deals ahead of Wednesday’s deadline, when higher tariffs are set to kick