Bessent warns tariff will return to ‘Liberation Day’ rates if negotiations aren’t in good faith

May 18, 2025 - 18:00
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Bessent warns tariff will return to ‘Liberation Day’ rates if negotiations aren’t in good faith
Treasury Secretary Scott Bessent on Sunday warned that the reciprocal tariffs on trading partners could go back to the rate slapped on them on “Liberation Day” last month if they don’t engage in good faith negotiations. “I think that it would be the April 2nd level,” Bessent said on NBC’s “Meet the Press with Kristen…

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