Bessent: Imposing Aug. 1 tariffs 'will put more pressure' on trade partners for deals

The Treasury secretary and Commerce Sec. Howard Lutnick both seem to view Aug. 1's steep tariffs as added leverage in talks that will continue past that date.

Jul 21, 2025 1

Bessent: Imposing Aug. 1 tariffs 'will put more pressure' on trade partners for deals
The Treasury secretary and Commerce Sec. Howard Lutnick both seem to view Aug. 1's steep tariffs as added leverage in talks that will continue past that date.
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