US Treasury Secretary: If countries fail to reach a trade agreement with the United States, tariffs will return to "parity" levels
Internet reported that U.S. Treasury Secretary Scott Bessant said on Sunday that if countries do not reach a trade agreement within the 90-day tariff suspension period, tariff rates will soon return to "parity" levels. "President Trump has warned them that if they do not negotiate in good faith, tariffs will rise back to April 2 levels." Besent said on the show. Besent revealed that the United States is focusing on finalizing agreements with 18 "important" trading partners, but did not specify the specific speed at which tariffs will resume "equal" rates.
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