My advice to every country is: do not retaliate; sit back, the US treasury secretary tells countries hit by tariffs

My advice to every country is: do not retaliate; sit back, the US treasury secretary tells countries hit by tariffs Let s see how it goes. Because if you retaliate, there will be escalation. If you don t retaliate, this is the high watermark, Scott Bessent told Fox News. Meanwhile, Russia and Belarus are not on the list of countries hit by the new US tariffs because there is no trade with them, the US official noted. While the US will impose a 10 tariff on all foreign imports starting on Saturday, higher tariffs for countries with which the US has the largest trade deficits will take effect next Wednesday, the White House said. Moreover, Donald Trump has the power to raise reciprocal tariffs in case the trading partners decide to respond. Subscribe to sputnikafrica Sputnik Africa, X Source: Sputnik Africa t. me, sputnikafrica