Treasury Secretary Scott Bessent said on July 7 that the United States is set to make several trade announcements in the next 48 hours.
In an interview with CNBC’s “Squawk Box,” Bessent said President Donald Trump is more concerned about the quality rather than the quantity of trade deals.
Since the president said that tariff rates would return to their April 2 levels in the absence of a trade deal, many countries have adjusted their trade positions, the Treasury secretary said.
“We’ve had a lot of people change their tune in terms of negotiations. So my mailbox was full last night with a lot of new offers, a lot of new proposals,” he said. “So it’s going to be a busy couple of days.”…
US to Make Several Trade Announcements in Next 48 Hours: Bessent
