Trump says tariff letters being delivered; Bessent says there's still time to talk

The Trump administration will begin sending trading partners "letters" setting new tariff rates -- and giving them until Aug. 1 to negotiate deals and avoid the highest possible tariffs. “I am pleased to announce that the UNITED STATES TARIFF Letters, and/or Deals, with various Countries from around the World, will be delivered” starting at noon on Monday, President Trump said on his social media website on Sunday. In an interview with CNBC on Monday morning , meanwhile, Treasury Secretary Scott...