Bessent has been surprised by the “impatience” in the stock market since the tariff announcement, he told Fox News today, APA reports citing CNBC.
He sees the sweeping new import duties as the starting point for a negotiation which could last several months.
“Maybe almost 70” countries have reached out to the White House about negotiating tariffs, Bessent told Fox, including Japan, whose Prime Minister Ishiba spoke to Trump today.
Bessent expects Japan to “get priority” in negotiations in exchange for having come to the table quickly.
“It’s going to be a busy April, May, maybe into June,” he said.
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