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Scott Bessent Backtracks On Trump’s Boast Of New Tariffs In Latest Flip-Flop Since ‘Liberation Day’

2025-05-19 1,200 Dailymotion

The Trump administration has offered different views over the past week about the dozens of trade deals it’s seeking to reach—with Treasury Secretary Scott Bessent backtracking on President Donald Trump’s suggestion that the government will simply impose new tariff rates on countries without negotiating—as the Trump administration has frequently flip-flopped on its sweeping tariffs in the weeks since “Liberation Day.”

READ MORE: https://www.forbes.com/sites/alisondurkee/2025/05/19/bessent-backtracks-on-trumps-boast-of-new-tariffs-without-negotiations-latest-big-tariff-flip-flop-since-liberation-day/