US EditionDonald Trump’s tariff deadline looms
- President Trump announced that trade agreements with U.S. partners must be finalized by July 9, or increased tariffs will be reinstated starting August 1.
- The deadline follows a 90-day tariff pause beginning April 9, intended to enable bilateral negotiations on surcharges above a 10% baseline.
- Treasury Secretary Scott Bessent said the administration targets 18 countries causing 95% of the U.S. trade deficit, but noted significant delays in deal progress.
- Trump signed 12 "take it or leave it" letters warning partners tariffs could rise to 10-70%, and that tariffs will revert to April 2 levels on August 1 without agreement.
- If no agreements occur, levies up to 50% may hit the EU on August 1, likely prompting retaliatory actions and increased market volatility.
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President Trump's reciprocal tariff pause to expire soon
(CNN, KYMA/KECY) - The deadline for countries to make a trade deal with the United States or face steep tariffs is coming up in just days. President Donald Trump set July 9 as the deadline for the trade deals, but it is unclear what the president will do. He has set deadlines before only to extend them. When some tariffs kicked in April, they sparked a sell off on wall street and the bond market also fell. At the time, the president gave countri…
Dollar Jumps Ahead of Trump Tariff Deadline
The dollar rose against currencies globally, climbing to its strongest level in more than a week on speculation Donald Trump’s trade tariffs won’t hurt the US economy as badly as feared or require aggressive interest-rate cuts to remedy.
·United States
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Total News Sources55
Leaning Left5Leaning Right4Center10Last UpdatedBias Distribution53% Center
Bias Distribution
- 53% of the sources are Center
53% Center
L 26%
C 53%
R 21%
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