Bessent: Trump tariffs set to ‘boomerang back’ to higher rates if deals not reached

Treasury Secretary Scott Bessent said connected Sunday that countries volition spot their respective tariff rates “boomerang back” connected Aug. 1 to the higher levels announced 3 months ago, if they don’t onslaught a woody with the U.S. sooner. In Sunday amusement interviews, Bessent doubled down connected President Trump’s comments Friday, successful which the president told…