WASHINGTON — “Reciprocal” tariffs imposed by the United States on imports from other countries are likely to shrink if trade imbalances improve, U.S. Treasury Secretary Scott Bessent said in an interview with Nikkei.
US Treasury chief lays out qualities required for next Federal Reserve chair
U.S. Treasury Secretary Scott Bessent called the trade deal with Japan a “golden industrial partnership” during an interview with Nikkei in Washington on Aug. 7. (Photo by Kosuke Takami)
TAKESHI KAWANAMI
August 11, 2025 02:00 JST
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