Tariff boom: 50 countries seek US deals ...Iraq

In an interview with ABC News, Hassett dismissed suggestions that the newly announced tariffs are intended to pressure the Federal Reserve into cutting interest rates. He insisted the measures are rooted in clear economic strategy and are unrelated to US monetary policy.

US Treasury Secretary Scott Bessent downplayed the market reaction following the announcement, as US stocks dipped. “There is no justification for recession fears tied to the tariff move,” Bessent told Reuters.

Last week, President Donald Trump unveiled a 10% tariff on all US trading partners, effective from Saturday, with additional levies expected to target roughly 60 more countries within the coming week.

Read More Details
Finally We wish PressBee provided you with enough information of ( Tariff boom: 50 countries seek US deals )

Also on site :

• The Beths Announce North American Tour Dates Alongside New Single, ‘Metal’
• Child Damages $56 Million Rothko Painting in Rotterdam Museum
• Four dead after car crashes into after-school camp in US state of Illinois