Washington, July 6 (.).- U.S. Treasury Secretary Scott Bessent assured this Sunday that countries that do not sign trade agreements with the world's largest economy by August 1 will see the tariffs announced in April reactivate on that date and considered that this pressure will help "many agreements be reached quickly."

Bessent recalled that President Donald Trump has signed letters that will begin to be sent to a dozen countries starting this Monday, which include this threat and detail the tariff levels that will be implemented, some of up to 70%, according to the president.

"President Trump will send letters to some of our trading partners indicating that if they do not make progress, on August 1 they will return to the tariff levels of April 2. Therefore, I believe we will see many agreements very quickly," Bessent explained in an interview with CNN.

"We are close to several agreements. As always, there is a lot of slowness on the part of the other side," he added.

In April, Trump activated a 90-day pause that theoretically ends this coming July 9, and Bessent wanted to emphasize this Sunday that the deadline has not moved to August 1, despite the message given by the president and which he himself has highlighted today.

"This is not a new deadline. We are saying this is what is happening; if they want to speed things up, go ahead; if they want to return to the previous rate, it is their decision," Bessent stated on CNN.

Countries and regions such as the European Union, Japan, India, or South Korea are trying to accelerate negotiations and reach agreements before this coming Wednesday, while Trump has increased pressure by saying that he simply prefers to send the letters explaining the tariff framework to negotiate.#MuskAmericaParty #HODLTradingStrategy #ArancelesTrump #BTC $BTC $ETH $XRP