Treasury Secretary Scott Bessent said Monday that he will meet with his Chinese counterpart, which follows “good meetings” he has previously had with China. Bessent said the United States will make “several new announcements” on tariff deals within the next two days,

Treasury Secretary Scott Bessent said on Sunday that countries will see their respective tariff rates “boomerang back” on Aug. 1 to the higher levels announced three months ago, if they don’t

Tariffs will revert to April 2 levels on Aug. 1 if countries around the world don’t reach deals with the U.S., according to Treasury Secretary Scott Bessent. The Trump administration is racing to secure deals before Wednesday’s self-imposed deadline,