US Treasury’s Bessent: Multiple Trade Announcements Coming Within 48 Hours

US Treasury Sec. Bessent: Several Trade Announcements Expected Within 48 Hours

Markets on Edge as US Prepares Major Trade Updates Ahead of Tariff Deadline

US Treasury Secretary Scott Bessent announced Monday during a CNBC interview that the United States is preparing to make several trade-related announcements within the next 48 hours. The statement comes as global markets remain tense ahead of the July 9 tariff deadline set by the White House.

“We’re going to be working very hard over the next 72 hours,” Bessent said, hinting at a fast-paced diplomatic push.

Context: US Trade Push Gains Momentum

Washington has been in active talks with multiple nations to secure bilateral trade agreements, aiming to avoid steep retaliatory tariffs. So far, partial or formal deals have been reached with countries like Vietnam, the UK, and China.

The upcoming announcements are expected to provide more clarity on US trade policy, which has become a critical driver of market sentiment, currency movement, and commodity pricing.

What to Watch Next:

• Confirmation of new trade deals
• Details on tariff rates and timelines
• Market reactions in equities, forex, and commodities
• Impact on US Dollar and global risk appetite

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