Beisente denies urging Trump to change information about tariffs
Golden Finance reports that US Treasury Secretary Bessent stated that the Trump administration is open to reaching an agreement on tariff reductions and denied that market sell-offs have caused the White House to change its approach. Reports suggest that Bessent visited Trump in Florida over the weekend, urging him to change his information about tariffs, which Bessent denies.
He said: "I want to say, negotiations are the result of a large number of incoming calls." "This has nothing to do with the market." Bessent said: "I think you will see some countries with huge trade deficits stepping up soon." "If they come to the negotiating table with reliable proposals, I think we can eventually reach some good agreements." Bessent added that even if an agreement is reached, some tariffs may remain unchanged.
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