US Bessent: August 1 is a pretty hard deadline ...Middle East

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US Bessent: August 1 is a pretty hard deadline
Tariffs would boomerang back, we can still negotiate.We're about to announce a rash of trade deals in coming days.A lot of deals include substantial investments in US.Tariffs are bringing manufacturing back to the US.

It's hard to trust their "hard deadline" given all the previous empty threats and extensions, but we'll see. If tariffs really get back to April levels, then we could be up for another growth scare.

On August 12 deadline with China:

    We'll be in talks on Monday and Tuesday.Will likely work out an extension.Hope to see CHinese pull back on glut of manufacturing.Want them to open up.If we can do more manufacturing, China does more consumption that would be a home run. This article was written by Giuseppe Dellamotta at investinglive.com.

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