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US Tariffs Poised to Revert to Steep April Levels by August 1, Treasury Confirms

US Tariffs Poised to Revert to Steep April Levels by August 1, Treasury Confirms

US Tariffs Poised to Revert to Steep April Levels by August 1, Treasury Confirms WASHINGTON — The United States is set to re-impose steep country-by-country tariff rates starting August 1, Treasury Secretary Scott Bessent announced Sunday. This move signals an end to a temporary pause in tariff rates and aims to accelerate trade deal negotiations. Speaking on CNN’s “State of the Union,” Bessent stated, “President Trump’s going to be sending letters to some of our trading partners saying that if…

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