U.S. Treasury Secretary Scott Bessent warned European countries on Monday against imposing retaliatory tariffs in response to their potential measures. He called for dialogue to prevent an escalation of the trade conflict, which could negatively impact economic relations and lead to higher prices for consumers.
U.S. Treasury Secretary Scott Bessent on Monday warned European countries against imposing retaliatory tariffs. This warning came after statements about potential retaliatory measures from Europe. Bessent emphasized that such steps could negatively impact economic relations. He called for dialogue to prevent an escalation of the trade conflict. Experts believe that such measures could lead to higher prices for consumers.
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