Bescent denies urging Trump to change information about tariffs

The US Treasury secretary said the Trump administration was open to a deal to reduce tariffs and denied that the market sell-off had caused the White House to change its approach. Mr. Bescent denied reports that Mr. Bescent visited Mr. Trump in Florida at the weekend to urge him to change his message about tariffs. "I would say the negotiations are the result of a lot of calls coming in to negotiate," he said. "It's not about the market." "I think you're going to see countries with big trade deficits coming out very quickly," Mr. Bescent said. "If they come to the table with solid advice, I think we can end up with some good deals." Bescent added that even if a deal is reached, some tariffs may remain in place. (Wall Street Journal)