#Latest news with #reciprocalRatesBloomberg23-05-2025BusinessBloombergBessent Sees Deals Announced Before 90-Day Tariff Pause EndsTreasury Secretary Scott Bessent said he anticipates that trade deals will be announced with other nations ahead of the expiration of the 90-day pause on the steep 'reciprocal' rates that President Donald Trump unveiled on April 2. 'These deals are moving quickly, and I think as we approach the end of the 90-day period, we're going to see more and more of them announced,' Bessent said in an interview with Fox News on Friday. 'Many of the Asian countries have come with very good deals.'
Bloomberg23-05-2025BusinessBloombergBessent Sees Deals Announced Before 90-Day Tariff Pause EndsTreasury Secretary Scott Bessent said he anticipates that trade deals will be announced with other nations ahead of the expiration of the 90-day pause on the steep 'reciprocal' rates that President Donald Trump unveiled on April 2. 'These deals are moving quickly, and I think as we approach the end of the 90-day period, we're going to see more and more of them announced,' Bessent said in an interview with Fox News on Friday. 'Many of the Asian countries have come with very good deals.'