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US Bessent: August 1 is a pretty hard deadline

  • Tariffs would boomerang back, we can still negotiate.
  • We’re about to announce a rash of trade deals in coming days.
  • A lot of deals include substantial investments in US.
  • Tariffs are bringing manufacturing back to the US.

It’s hard to trust their “hard deadline” given all the previous empty threats and extensions, but we’ll see. If tariffs really get back to April levels, then we could be up for another growth scare.

This article was written by Giuseppe Dellamotta at investinglive.com.

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