Bessent Says Global Tariffs Will Rise to 15% This Week

Core Insights - Treasury Secretary Scott Bessent predicts that overall tariff rates, which decreased following a recent Supreme Court ruling, are expected to return to previous levels within five months [1] Summary by Category - Tariff Rates - Overall tariff rates have recently fallen due to a Supreme Court ruling [1] - The expectation is that these rates will revert to their prior levels within a five-month timeframe [1]