Interview
US Treasury chief lays out qualities required for next Federal Reserve chair
U.S. Treasury Secretary Scott Bessent called the trade deal with Japan a “golden industrial partnership” during an interview with Nikkei in Washington on Aug. 7. (Photo by Kosuke Takami)
TAKESHI KAWANAMI
August 11, 2025 02:00 JST
WASHINGTON — “Reciprocal” tariffs imposed by the United States on imports from other countries are likely to shrink if trade imbalances improve, U.S. Treasury Secretary Scott Bessent said in an interview with Nikkei.
