‘Not going to rush’: Ahead of Trump’s tariff deadline, US Treasury Secretary Scott Bessent shares update; says ‘more concerned about…’

The US is firm on securing high-quality trade agreements. Treasury Secretary Scott Bessent says the US will not rush deals to meet deadlines. August 1 is the date to watch for potential tariff escalations. Negotiations with the EU and Japan are ongoing. Bessent hints at possible tariffs on Russia and a restart of China trade discussions.