** This won't be good for the markets... **

Treasury Secretary Scott Bessent said on Sunday, that tariff rates will go back to "reciprocal" levels if trade deals aren't made during the 90-day pause.

President Trump has put them on notice that if you do not negotiate in good faith, you will ratchet back up to your April 2 level.

Bessent also minimized the downgrade of US government debt by Moody's Ratings.

Trump, fresh off a trip to the Middle East renewed his criticism of Federal Reserve Chairman Jerome Powell on Saturday.

President Trump said Friday that the ** US will set tariff rates for its trading partners within the next few weeks. He said his administration cannot negotiate trade deals with all countries at once due to limited capacity. **

Source: Yahoo Finance

.....

The administration doesn't have enough time to negotiate tariff agreements?

So why did it propose them?

Does it think that the states will pay these crazy tariffs because the US won't have time to reach an agreement and so Trump will "make up" some numbers for them?

** Is that what a businessman says?

I don't understand - it's his stupid argument...*