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Bessent Signals Return of Higher US Tariffs

US Treasury Secretary Scott Bessent said Washington could restore previous tariff levels if ongoing Section 301 investigations are completed successfully. The current 10 percent temporary tariff under Section 122 is set to expire on July 24. The move could reshape global trade, with countries including India closely watching the outcome.

This post was last modified on 26 June 2026 11:54 am

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