Politics
Trump’s 90-day tariff pause set to expire, rates to resume in August
Treasury Secretary Scott Bessent said that the U.S. will revert to steep country-by-country tariff rates at the beginning of August, weeks after the tariff rate pause is set to expire.
President Donald Trump had originally set a 90-day deadline — set to expire Wednesday — for countries to renegotiate the eye-watering tariff levels he laid out in his April 2 “Liberation Day” speech. He paused those rates a week later, while setting a new 90-day deadline to renegotiate them.
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