Bessent on Tariffs: If Countries Are Not Negotiating in Good Faith, They’re Going to Get a Letter Saying, ‘Here Is the Rate’

RUSH EXCERPT:
BESSENT: "This means they are not negotiating in good faith, they are going to get a letter, saying, here is the rate. I expect everyone would come and negotiate in good faith."

WELKER: "You expect that rate that use that you would slap want to be above 10%?"

BESSENT: "I think it would be the April second-level, some countries were at 10%, somewhere substantially higher, and the negotiating levers that President Trump is talking about here is if you don’t want to negotiate, it will spring back to the April second-level."