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Bessent Says Global Tariffs Will Rise to 15% This Week

By NYTimes March 04, 2026 Bearish
Bessent Says Global Tariffs Will Rise to 15% This Week
Treasury Secretary Scott Bessent predicted that overall tariff rates, which fell after a Supreme Court ruling last month, would be back to previous levels within five months.
Treasury Secretary Scott Bessent predicted that overall tariff rates, which fell after a Supreme Court ruling last month, would be back to previous levels within five months.