Treasury Secretary Scott Bessent said Sunday that counties that do not make deals with the United States by August will see their tariff rates set back to the rates from the April 2 “Liberation Day.” The Trump administration had set a temporary 90-day freeze to cap most tariffs at 10% a week after announcing them

The dollar has suffered a knock to its haven reputation from the dithering on tariffs. The dollar index, which reflects the U.S. currency’s performance against a basket of six others, has had its worst first half of the year since 1973, declining some 11 percent. It has fallen by 6.6 percent since April 2 alone.

Trade talks ahead of July 9 cut-off, Netanyahu meets US president and UK Post Office IT scandal inquiry publishes its first report