....his boss probably told him to say that (about being able to go back to April 2 levels).
....to go back would not be consistent with making progress and seeking to gain more concessions.
....maybe they have already sold so the market can drop from here.
BREAKING: US Treasury Secretary Bessent says the US "can always go back" to April 2nd levels for tariffs on China.
Bessent says it is "implausible" for tariffs on China to go below 10%.
He also says current tariff levels are the floor and April 2nd levels are the ceiling. https://x.com/KobeissiLetter/status/1921897934909575434
