US EditionBessent floats extending tariff pause for countries in ‘good faith’ trade talks
- On June 11, 2025, U.S. Treasury Secretary Scott Bessent testified in Washington about possibly extending the 90-day tariff pause for top trading partners.
- This pause, announced by President Trump on April 9, 2025, aimed to allow negotiations with 18 key partners, but the pause is set to end on July 8 unless extended.
- Bessent and Trump emphasized that only countries negotiating in good faith, including Japan, South Korea, and the European Union, may see their tariff pauses extended.
- Bessent indicated that the United States is likely to extend the current deadline to allow ongoing genuine negotiations to proceed, while Trump emphasized that negotiations must be active for any extension to be considered.
- The potential extension signals a shift in U.S. trade policy readiness to continue talks beyond July 8, but final agreements remain incomplete and contingent on partner cooperation.
33 Articles
33 Articles
Bessent Identifies New Strain Of TDS, Reminds Dems They Lost The Election
Treasury Secretary Scott Bessent remarked on Thursday that a “new version of TDS” seems to have emerged, specifically targeting President Donald Trump’s tariff policies, and reminded Democrats that they lost the presidential election last year while defending the sitting administration’s economic policies.Shorthand for “Trump Derangement Syndrome,” TDS refers to a phenomenon characterized by intense negative reactions to Trump, his actions, or h…
Scott Bessent Signals Willingness To Extend Tariff Pause For 'Good Faith' Negotiations, Trump Thinks Not A 'Necessity'
Treasury Secretary Scott Bessent has suggested that the Trump administration may consider extending the current 90-day tariff pause beyond July 9 for the U.S.'s top trading partners. This extension, however, is contingent on the partners' "good faith" in ongoing trade negotiations.
US Treasury chief says extension of tariff relief possible for some
WASHINGTON, United States — US Treasury Secretary Scott Bessent said Wednesday that an extended pause on higher tariff rates is possible for some countries, as a deadline approaches for dozens of economies to face steeper levies. “It will be up to President (Donald) Trump, but it is my belief that if someone is negotiating in
Kyodo News+
Japan TodayBessent says 90-day tariff pause could be extended for key partners
The United States could extend a 90-day pause on the implementation of steep tariffs on goods from its major trading partners if they continue to negotiate "in good faith," U.S. Treasury Secretary Scott Bessent said Wednesday.
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