Scott Bessent’s most important speech wasn’t about tariffs



MEPs agree to implement deal almost 12 months after it was proposed and just days before deadline of US threat to raise tariffs
The European parliament has given its final approval to implement last July’s tariff agreement with Donald Trump.
Facing a threat of increased tariffs if the deal was not sanctioned by 4 July, MEPs agreed to approve the deal, with two main provisos.
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© Photograph: Benoît Tessier/Reuters

© Photograph: Benoît Tessier/Reuters

© Photograph: Benoît Tessier/Reuters
A year ago it was the hot topic, but business owners have seen there’s a limit to the president’s royal decrees
In two weeks, I’m speaking to a group of companies in the packaging industry about issues affecting their businesses this year. I’m going to discuss the economy, navigating higher costs, leveraging new tax legislation, AI and what companies are doing to find and retain workers in a volatile job market.
You know what I won’t be talking about? Tariffs.
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© Photograph: Keith Birmingham/Pasadena Star-News via Getty Images

© Photograph: Keith Birmingham/Pasadena Star-News via Getty Images

© Photograph: Keith Birmingham/Pasadena Star-News via Getty Images