Treasury Secretary Scott Bessent said the Trump administration will make “several” trade announcements in the next 48 hours. Foreign trade officials are trying to make deals before July 9, when high U.S. tariff rates are set to snap back into effect, Bessent said. President Donald Trump said on Truth Social that tariff “Letters, and/or Deals,” will be sent out starting Monday at noon ET.
Treasury Secretary Scott Bessent on Monday said the Trump administration will make “several” trade-related announcements in the next 48 hours, signaling imminent progress even as U.S. tariff deadlines appear to be shifting.
Speaking on CNBC’s “Squawk Box,” Bessent also declined, yet again, to rule out the possibility that he could serve as the next chair of the U.S. Federal Reserve, if President Donald Trump asks him to.
Bessent