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Treasury Secretary Scott Bessent denied the president's move to implement a pause on his tariffs was the result of declines in the financial markets, which have been causing great concern for investors.
The comments came after the president issued a pause Wednesday for 75 different countries, which, according to the Trump administration, have shown a willingness to negotiate trade deals in good faith with the United States. Simultaneously, the Trump administration increased its tariff rates on Chinese goods to 125%, which came after China imposed...
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