Tag Archives: rebalances

Bessent says tariffs ‘should melt’ if trade rebalances

Bessent says tariffs ‘should melt’ if trade rebalances

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 …

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