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Financial Times: ‘It’s like a whipsaw’: Donald Trump’s tariff U-turns unnerve businesses and investors

While Bessent has conceded that tariffs could lead to a “one time price adjustment” during a speech at the Economic Club of New York on Thursday, he also said that US trading partners would have to make concessions to avoid them.


READ MORE: ‘It’s like a whipsaw’: Donald Trump’s tariff U-turns unnerve businesses and investors