News Sharing
For sharing news, please enter the email address of you and the receiver, then press SEND button.*Mandatory Fields
Receiver*
Enter email addresses, separated by semicolon (;). E.g. a@a.com;b@b.com
Your email address*
 Content Sharing
US Delays Tariff Imposition; Bessent Said to Have Persuaded Trump to Make U-turn
US President Donald Trump has recently announced that the implementation of the so-called "reciprocal tariffs" will be postponed until August 1.According to what The Wall...
Reset
Send
The window will close in 5 seconds
US Delays Tariff Imposition; Bessent Said to Have Persuaded Trump to Make U-turn
Close
Recommend
10
Positive
9
Negative
9
 
SHORT SELL
 
STOCK INFO

US President Donald Trump has recently announced that the implementation of the so-called "reciprocal tariffs" will be postponed until August 1.

According to what The Wall Street Journal learned from its sources, Trump's advisors, including Treasury Secretary Scott Bessent, told him beforehand that it would be possible to reach a trade agreement if more time is given.

Related NewsAPI Crude Oil Stock Change for Jul/04 in United States is 7.1M, higher than the previous value of 0.680M. The forecast was -2.8M.
As Trump's original deadline of July 9 approached, government officials including Bessent felt that negotiations with several trade partners like India and the EU were making progress, the report quoted sources as saying.

The report also noted that Trump had publicly considered abandoning agreements to avoid tariffs, but after hearing from Bessent that some deals were close to being finalized but needed more time, his inclination to let the tariffs take effect immediately changed.

AAStocks Financial News
Copyright(C) AASTOCKS.com Limited 2000. All rights reserved.
Disclaimer: AASTOCKS.com Ltd, HKEx Information Services Limited, its holding companies and/or any subsidiaries of such holding companies endeavour to ensure the accuracy and reliability of the Information provided but do not guarantee its accuracy or reliability and accept no liability (whether in tort or contract or otherwise) for any loss or damage arising from any inaccuracies or omissions.