Bessent teases new Aug. 1 deadline for tariffs, says Fed chair can’t cut rates like Trump wants

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Bessent teases new Aug. 1 deadline for tariffs, says Fed chair can’t cut rates like Trump wants

July 6, 2025
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Treasury Secretary Scott Bessent revealed that the Trump administration is now eyeing Aug. 1 as the date to slap the “Liberation Day” tariffs against countries that failed to cut lightning deals with the US.

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Bessent teases new Aug. 1 deadline for tariffs, says Fed chair can’t cut rates like Trump wants

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