ET on Wednesday, raised to 125% starting today.
Thank you for your attention to this matter!
CNBC also got clarity from the White House that 25% tariffs on Canada and Mexicos will remain.
White House Press Secretary Karoline Leavitt looks on as US Secretary of Treasury Scott Bessent speaks to the press outside the West Wing of the White House on April 9, 2025, in Washington, DC.© Photo by SAUL LOEB/AFP via Getty Images
What the U.S. is doing now is not reform.
What the U.S. is doing now is not reform.
It is rejecting the very system it created.
The only certainty we can provide is that the U.S. is gonna negotiate in good faith.
And we assume that our allies will too, Bessent said.
Each one of these solutions is going to be bespoke.
It is going to take some time.
And President Trump wants to be personally involved, Bessent said.
But it was just a few minutes earlier, at 12:56 p.m.
ET that news broke with aPolitico tweetthat Bessent had cancelled a meeting on Capitol Hill with House Republicans.
Trump was also asked about the bond markets, acknowledging that he was watching them yesterday.
I was watching the bond market.
If you look at it now its beautiful.
The bond market right now is beautiful.
But I saw last night where people were getting a little queasy, Trump said.
Trump asked why he decided to suddenly put on a 90-day pause on tariffs.
People were jumping a little bit out of line.
They were getting yippy.
But they werent fair to the United States.
They were sucking us dry, Trump said.
Do you feel great again yet, America?
News from the future, delivered to your present.
Trump Plans Private Dinner for Largest Buyers of $TRUMP Crypto
Trump’s corruption knows no bounds.