Bessent: Tariffs will 'boomerang' back to April levels by Aug. 1 for countries without deals
1. Tariffs will return to April levels for non-compliant countries on Aug. 1. 2. New trade deals could be imminent as negotiations continue. 3. Trump's administration is preparing letters to notify trading partners. 4. Investor concern rises as the tariff pause expires this week. 5. The outcome may affect market sentiment toward U.S. economic policies.