U.S. Treasury Secretary Scott Bessent joins 'Squawk on the Street' for a sweeping interview on President Trump's budget bill, tariff policy, and potential trade deals.
BreakdownGenerated by LeadStory AI
- Secretary Bessent warns countries not to delay trade negotiations, as rates could revert to earlier, less favorable terms. 10s
- Talks with the European Union are ongoing, with both sides working toward a deal. 44s
- Japan faces challenges in negotiations due to upcoming domestic elections. 1m 10s
- Bessent states that extensions or favorable terms depend on the president's assessment of good faith negotiations. 1m 54s
- The United Kingdom secured a favorable deal by negotiating early, serving as an example for other countries. 2m 39s