US Treasury Secretary: There is no reason for a recession, tariff rates will be allocated separately to each country

律动BlockBeats|Mar 18, 2025 12:38
BlockBeats News: On March 18th, US Treasury Secretary Bessent stated that the foundation of the US economy is healthy and there is no reason for a recession, while rejecting the idea of guaranteeing that there will be no recession. Bessent said, "I can't guarantee anything
Regarding the upcoming announcement of equivalent tariffs on April 2nd, Besent said, "I haven't seen the relevant figures yet, and this process will involve allocating specific tariffs to each trading partner. In some cases, countries may avoid equivalent tariffs. Other trading partners may seek to negotiate lower tariff levels after receiving quotas
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