LBCI

New US tariff rates to kick in Aug 1 barring trade deals: Treasury Secretary

World News

06-07-2025 | 10:10

Share

Share

New US tariff rates to kick in Aug 1 barring trade deals: Treasury Secretary

U.S. tariffs will kick in on August 1 if trading partners from Taiwan to the European Union do not strike deals with Washington, Treasury Secretary Scott Bessent said Sunday.

The rates will "boomerang back" to the sometimes very high levels, which President Donald Trump announced on April 2, before he suspended the levies to allow for trade talks and set a July 9 deadline for agreement, Bessent told CNN.

AFP

World News

United States

Tariffs

Taiwan

European Union

Washington

Treasury

Next

Switzerland reopens Tehran embassy after a two-week closure

Pope Leo takes first action to address abuse by Catholic clergy

Previous

Recommended For You

BRICS 'condemn the military strikes' against Iran: Summit statement

13:31

BRICS 'condemn the military strikes' against Iran: Summit statement

Netanyahu says his meeting with Trump can 'help advance' Gaza deal

13:04

Netanyahu says his meeting with Trump can 'help advance' Gaza deal

UKMTO reports small vessels opened fire on another vessel off Yemen's Hodeidah

09:02

UKMTO reports small vessels opened fire on another vessel off Yemen's Hodeidah

Rescuers search for missing girls as Texas flood death toll hits 50

07:22

Rescuers search for missing girls as Texas flood death toll hits 50

Subscribe to our VOD

SUBSCRIBE

Our visitors readings

Putin to host first Russia-Arab summit in October

2025-05-17

Putin to host first Russia-Arab summit in October

Hezbollah’s Naim Qassem: Resistance will continue, Israel is the real problem

05:13

Hezbollah’s Naim Qassem: Resistance will continue, Israel is the real problem

Liverpool's Portuguese forward Diogo Jota dies in car crash in Spain, TVE reports

2025-07-03

Liverpool's Portuguese forward Diogo Jota dies in car crash in Spain, TVE reports

With US envoy set to arrive, Samir Geagea warns Lebanon risks wasting rare opportunity

11:48

With US envoy set to arrive, Samir Geagea warns Lebanon risks wasting rare opportunity

Videos

Massive fire erupts at unregulated dumpsite in Bchannine, Zgharta district

2025-07-01

Massive fire erupts at unregulated dumpsite in Bchannine, Zgharta district

Clash between Lebanese Army and residents of Deir Qanoun Al Nahr results in injuries (Video)

2025-06-10

Clash between Lebanese Army and residents of Deir Qanoun Al Nahr results in injuries (Video)

Mexico dedicates garden around Lebanese Emigrant Statue in Beirut to mark 80 years of diplomatic ties

2025-06-04

Mexico dedicates garden around Lebanese Emigrant Statue in Beirut to mark 80 years of diplomatic ties

President Aoun to seek Egyptian support for Lebanese Army in detecting explosives and tunnels

2025-05-19

President Aoun to seek Egyptian support for Lebanese Army in detecting explosives and tunnels

LBCI Exclusive: US steps up pressure on Hezbollah, Morgan Ortagus details sanctions and vision for Lebanon's future

2025-05-15

LBCI Exclusive: US steps up pressure on Hezbollah, Morgan Ortagus details sanctions and vision for Lebanon's future

Kuwait rolls out official welcome for Lebanon's President Aoun – video

2025-05-11

Kuwait rolls out official welcome for Lebanon's President Aoun – video

Security incidents temporarily disrupt voting in several Akkar and Minieh-Danniyeh centers

2025-05-11

Security incidents temporarily disrupt voting in several Akkar and Minieh-Danniyeh centers

EU ambassador says 'we are not just donors, but genuine partners to Lebanon': Insights from exclusive LBCI interview

News Bulletin Reports

2025-05-09

EU ambassador says 'we are not just donors, but genuine partners to Lebanon': Insights from exclusive LBCI interview

US envoy Morgan Ortagus hails Lebanese diaspora, says country stands at a crossroads

2025-04-23

US envoy Morgan Ortagus hails Lebanese diaspora, says country stands at a crossroads

Most read

24 hours

7 days

Month

Hezbollah’s Naim Qassem: Resistance will continue, Israel is the real problem

1

Hezbollah’s Naim Qassem: Resistance will continue, Israel is the real problem

With US envoy set to arrive, Samir Geagea warns Lebanon risks wasting rare opportunity

2

With US envoy set to arrive, Samir Geagea warns Lebanon risks wasting rare opportunity

Lebanon's PM calls for full implementation of Taif Agreement, including arms control

3

Lebanon's PM calls for full implementation of Taif Agreement, including arms control

Weapons, withdrawal, and a warning: US envoy’s high-stakes offer — will Lebanon seize the deal or face the unknown?

4

Weapons, withdrawal, and a warning: US envoy’s high-stakes offer — will Lebanon seize the deal or face the unknown?

Mediators tell Hamas new round of Gaza talks to begin in Doha: AFP

5

Mediators tell Hamas new round of Gaza talks to begin in Doha: AFP

No breakthrough as Trump-Netanyahu meeting nears, with aid and ceasefire terms stalling Gaza deal

6

No breakthrough as Trump-Netanyahu meeting nears, with aid and ceasefire terms stalling Gaza deal

New US tariff rates to kick in Aug 1 barring trade deals: Treasury Secretary

7

New US tariff rates to kick in Aug 1 barring trade deals: Treasury Secretary

Israel to send delegation to Qatar for Gaza ceasefire talks

8

Israel to send delegation to Qatar for Gaza ceasefire talks

Download now the LBCI mobile app

To see the latest news, the latest daily programs in Lebanon and the world

Google Play

App Store

Download now the LBCI mobile app

We use
cookies

We use cookies to make
your experience on this
website better.

Accept

Learn More