Bessent: Trump tariffs set to ‘boomerang back’ to higher rates if deals not reached

8 articles, oldest first.

1. The Hill

   Bessent: Trump tariffs set to ‘boomerang back’ to higher rates if deals not reached ↗ (opens The Hill)

   Published Jul 5, 2025

   The Hill's feed description

   Treasury Secretary Scott Bessent said on Sunday that countries will see their respective tariff rates “boomerang back” on Aug. 1 to the higher levels announced three months ago, if they don’t strike a deal with the U.S. sooner.

2. NBC Chicago

   Bessent: Tariffs will ‘boomerang' back to April levels by Aug. 1 for countries without deals ↗ (opens NBC Chicago)

   Published Jul 5, 2025

   Same headline from 4 more outlets

   NBC Chicago's feed description

   President Donald Trump in April announced a 90-day pause on the tariffs he had unveiled just days prior on virtually every major trading partner.

3. CNN

   Bessent says tariffs will ‘boomerang’ to ‘Liberation Day’ levels if countries fail to negotiate deals ↗ (opens CNN)

   Published Jul 5, 2025

   CNN's feed description

   Treasury Secretary Scott Bessent said tariff letters will be sent to about 100 countries over the next several days, as the Trump administration’s 90-day tariff pause comes to an end Wednesday.

4. NBC News

   Treasury secretary says countries without trade deals will see tariffs 'boomerang' to April rates by Aug. 1 ↗ (opens NBC News)

   Published Jul 5, 2025

   NBC News's feed description

   Treasury Secretary Scott Bessent said Sunday that the U.S. will revert to steep country-by-country tariff rates at the beginning of August

Identical headlines usually mean shared wire copy. They are counted as separate articles but are not independent confirmation.