‘They’ll start to pay on August 1,’ President Donald Trump told reporters last week.

Treasury Secretary Scott Bessent testifies before the House Ways and Means Committee on Capitol Hill in Washington on June 11, 2025. Madalina Vasiliu/The Epoch Times

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Treasury Secretary Scott Bessent said on July 7 that the United States is set to make several trade announcements in the next 48 hours.
In an interview with CNBC’s “Squawk Box,” Bessent said that President Donald Trump is more concerned about the quality rather than the quantity of trade deals.

Andrew Moran has been writing about business, economics, and finance for more than a decade. He is the author of “The War on Cash.”