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Bessent: Trump will be ready to negotiate tariffs ‘at a point’

  • Treasury Secretary Scott Bessent communicated to President Donald Trump the need for aligned messages on tariffs to avoid further market turmoil and to focus on better trade deals with foreign nations.
  • After Trump's tariff announcement, approximately 70 countries approached the U.S. Administration to discuss trade issues, highlighting the global response to the new duties, according to administration officials.
  • Trump expressed a willingness to escalate tariffs on China if they retaliate, indicating he is prepared for political and financial fallout as the new tariffs take effect this week.
  • Bessent noted that Japan would likely be prioritized for negotiations, emphasizing both military and economic ties, while acknowledging that negotiations will be tough due to an 'unfair playing field.
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insidetrade.com broke the news in on Monday, April 7, 2025.
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