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Trump team moves goalposts on tariffs again
Tariffs will revert back to their April 2 rates on Aug. 1 for countries that fail to nail down new trade deals with the United States, Treasury Secretary Scott Bessent said Sunday, just three days before the Trump administration’s initial July 9 deadline for tariffs to return. Bessent told CNN’s “State of the Union” that the Trump administration would be sending out letters to 100 smaller countries “saying that if you don’t move things along, then on August 1st, you will boomerang back to your April 2nd tariff level.” The announcement effectively pushes back the tariffs that were originally set in April ... (full story)
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From thestar.com.my|Jul 6, 2025Gold futures on Bursa Malaysia Derivatives are expected to maintain their bullish momentum, supported by renewed investor interest in safe-haven assets following the United States ...
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From finance.yahoo.com|Jul 6, 2025Major US trading partners hurried over the weekend to secure trade deals or lobby for extra time, while Treasury Secretary Scott Bessent indicated that some countries lacking an ...
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From jpost.com|Jul 6, 2025America’s latest tax and spending package, dubbed the “Big Beautiful Bill,” may go down as one of the most controversial pieces of legislation in modern history. While marketed as ...
From @realDonaldTrump|Jul 6, 2025|19 comments
I am pleased to announce that the UNITED STATES TARIFF Letters, and/or Deals, with various Countries from around the World, will be delivered starting 12:00 P.M. (Eastern), Monday, July 7th. Thank you for your attention to this matter! DONALD J. TRUMP, President of The United States of America. Any Country aligning themselves with the Anti-American policies of BRICS, will be charged an ADDITIONAL 10% Tariff. There will be no exceptions to this policy. Thank you for your attention to this matter!
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