U.S. eyes region-based tariffs for many nations as deadline nears

The United States is likely to introduce region-based tariffs instead of coming up with individual duty rates for many countries, Treasury Secretary Scott Bessent said Sunday, as time runs out to negotiate trade deals across the world.Bessent said the administration of President Donald Trump is now aiming to strike deals with select key trading partners on its sweeping so-called reciprocal tariffs imposed in April. While appearing on a CNN program, the secretary said he expects to "do a lot of regional deals.""This is the rate for Central America, this is the rate for this part of Africa, b…READ FULL ARTICLE