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Trump: Reciprocal Tariffs Pause Will Not Be Extended After Jul 9
US President Donald Trump does not intend to extend the 90-day tariff suspension period for most countries beyond July 9, he told an interview with Fox News. At that time, the nego...
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US President Donald Trump does not intend to extend the 90-day tariff suspension period for most countries beyond July 9, he told an interview with Fox News.

At that time, the negotiation deadline he set will expire, and the U.S. government will notify countries that trade penalties will take effect unless agreements are reached with the U.S.

Related NewsCore PCE Price Index MoM for May in United States is 0.2%, higher than the previous value of 0.1%. The forecast was 0.1%.
Letters will soon start being sent out before the upcoming deadline, he said. The U.S. will observe the attitudes of various countries, and if they are not favorable, the U.S. will directly impose a high tariff rate.

Countries are allowed to shop in the U.S. but will need to pay tariffs of 25%, 35%, 50%, or 10%, Trump revealed.

He noted that trade negotiations are still ongoing, but with 200 countries globally, it is impossible to negotiate with every single one of them.

Related NewsISM Manufacturing PMI for Jun in United States is 49.0, higher than the previous value of 48.5. The forecast was 48.8.

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