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Higher tariffs likely this week, says US Treasury

Scott Bessent says that "likely sometime this week" the US will increase its global tariff on imports from the existing 10%. US Treasury Secretary Scott Bessent said the US was "likely" to implement a 15% global tariff this week, following conflicting statements from President Donald Trump about the rate. The new tariff is intended to replace the sweeping global import tax... [3251 chars]

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