Tariffs to reset to Trump’s April levels without new deals by August 1

Treasury Secretary Scott Bessin said on Sunday that the definitions will return the definitions to president Donald Trump’s original levels in April if the two countries do not reach a new agreement with the United States by August 1.

BESSENT released this advertisement during its appearance on “Fox News Sunday”, the host Shannon told that many commercial deals are present in “Home Stretch”.

“Is it fair to say that there is little stopping on the date of July 9 for some of these commercial partners?” He asked BREAM.

“I don’t think it is temporarily stopping because I think what happened is that there is a lot of crowding that enters into the home, and as part of the commercial team, what is great in President Trump’s presence alongside our side is that he created the maximum amount of financial lever,” said Pesint.

The new projection indicates good news for families, workers in a “big and beautiful bill” for Trump

“By informing our commercial partners that they could return to the date of April 2, I think it will actually move things during the next two days and weeks,” he added.

Bessent’s comments come amid speculation that Trump may shoot at the Federal Reserve Speaker Jerome Powell and the Bessent set in the post instead.

In the last escalation of the dispute between Trump and Powell, the president appeared To invite Powell to resign Last week, the head of the Federal Housing Agency (FHFA) claimed that Powell delivered a “deceptive” certificate to congress.

Federal Reserve Chairman Jerome Powell found himself in a battle with President Donald Trump. (Alex Wong / Getty Images / Getty Images)

BREAM pressed whether this role was being seen on Sunday, and asked about his effectiveness in his belief that Trump was publicly hit.

“I am a fan of basketball. In basketball, there are two schools to work in referees. There is a Bobby Knight School and Brigadier Smith School. It is clear that President Trump is more at Bobby Knight School. I will tell you, Bobby Knight won three national championships.

President Donald Trump appears at the White House in Washington, DC, June 27, 2025. (Reuters photos / Ken Sidino / Reuters)

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Pesin also rated the topic last week, as Maria Barteromo Fox News told that he would go anywhere Trump tells him to go.

“We have a lot of great candidates for the federal reserve. I think I have the best job in Washington. I interact with the president. The cabinet that he chose is wonderful, and that being part of the cabinet is a dream for me. But I will go where the president believes I am in the best way.”