President Donald Trump has declared that the U.S. will be independently setting new tariff rates on several trading partners, bypassing the need for individual agreements.
What Happened: Trump announced during a meeting with business executives in the United Arab Emirates that new tariffs would be introduced within the next two to three weeks. Trump stated that Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick will be informing the relevant parties by “sending letters” about the new tariffs and the associated costs for conducting business in the United States, reported the Financial Times.
Trump noted that while there were “150 countries” interested in striking deals, it was not practical to meet with all of them. His administration has already reduced many …
Full story available on Benzinga.com
President Donald Trump has declared that the U.S. will be independently setting new tariff rates on several trading partners, bypassing the need for individual agreements.
What Happened: Trump announced during a meeting with business executives in the United Arab Emirates that new tariffs would be introduced within the next two to three weeks. Trump stated that Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick will be informing the relevant parties by “sending letters” about the new tariffs and the associated costs for conducting business in the United States, reported the Financial Times.
Trump noted that while there were “150 countries” interested in striking deals, it was not practical to meet with all of them. His administration has already reduced many …
Full story available on Benzinga.com
President Donald Trump has declared that the U.S. will be independently setting new tariff rates on several trading partners, bypassing the need for individual agreements.
What Happened: Trump announced during a meeting with business executives in the United Arab Emirates that new tariffs would be introduced within the next two to three weeks. Trump stated that Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick will be informing the relevant parties by “sending letters” about the new tariffs and the associated costs for conducting business in the United States, reported the Financial Times.
Trump noted that while there were “150 countries” interested in striking deals, it was not practical to meet with all of them. His administration has already reduced many …Full story available on Benzinga.com Read Morebenzinga neuro, Donald Trump, Howard Lutnick, News, Scott Bessent, tariffs, trade deal, Markets, News, Markets, Benzinga Markets
