U.S. may impose regional tariffs as trade deadlines loom, Bessent says

Treasury Secretary Scott Bessent mentioned on Sunday that the United States might consider implementing tariffs based on regions instead of targeting specific countries due to the limited time available for negotiating numerous trade agreements worldwide. This shift in strategy reflects the administration’s recognition of the challenges in negotiating complex trade deals with multiple countries at the same time. The administration is scaling back its goal of negotiating 90 deals in 90 days as it faces the complexities of these trade negotiations.