The sweeping tariffs President Trump announced last week were a "negotiating strategy," Treasury Secretary Scott Bessent suggested Wednesday as the president announced a 90-day pause on most of those tariffs.

Trying to negotiate individual trade agreements with 70 (or more) countries is difficult and will take time,” a research fellow for a libertarian think tank said.

Treasury Sec. Scott Bessent weighed in on America’s tariff negotiations with other countries during a late Monday afternoon appearance on "Kudlow."