Tariffs will revert to April levels if countries don't make a deal by August 1, Bessent says
Tariffs are set to return to President Donald Trump's original April levels without new trade deals by August 1, Treasury Secretary Bessent said Sunday.
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Trump says US 'pretty much' has deal for TikTok, talks with China to begin
President Donald Trump claims the U.S. has "pretty much" reached a deal for the purchase of TikTok's U.S. assets, and negotiations with China are scheduled to start Monday or Tuesday.
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Atlanta Fed's Bostic warns tariff impacts could cause prolonged inflation
Atlanta Federal Reserve President Raphael Bostic warned that effects of President Donald Trump's tariffs could cause prolonged inflation rather than a one-time price spike.
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