#Trump

Finance Minister Scott Bessent has just announced: negotiations "in good faith" or face maximum taxation, reverting to Trump's level of April 2.

Some countries may face tax rates over 100%.

China has temporarily reduced taxes to 30%.

Vietnam, Cambodia, and Laos are still facing tax rates of 45–49%.

Bessent expressed: no patience, no more pretense.

The United States sets the terms, accept the agreement or take the hit.

Source: FT / CNN