US tariffs to kick in August 1 for countries without deals, Treasury chief says

US tariffs will take effect Aug. 1 unless trading partners, including Taiwan and the EU, reach deals with Washington, Treasury Secretary Scott Bessent said Sunday. Rates will revert to pre-negotiation levels set by former President Trump, he told CNN, after a July 9 deadline lapses.

Leave a Reply

Your email address will not be published. Required fields are marked *