Bessent: Imposing Aug. 1 tariffs 'will put more pressure' on trade partners for deals
CNBC Televisionยท2025-07-21 16:30
Again, Becky, we'll see what the president wants to do, but again, I if we somehow boomerang back to the August 1st tariffs, I would think that a higher tariff level will put more pressure on those countries to come with better agreements. We just reached an agreement with Indonesia and I saw five turns of their offers and this started several months ago. I thought their first offer was very good.They came back, the offer kept getting better and better and we ended up with a fantastic trade agreement. I thi ...