US EditionTrump Says He’ll Set Unilateral Tariffs in Two Weeks
UNITED STATES, JUN 12 – President Trump will notify over 150 trade partners of unilateral tariff rates if deals are not finalized by the July 9 deadline, despite ongoing negotiations with key countries, officials said.
- Ahead of the July 9 deadline, the EU is expected to miss reintroducing higher duties, with US Commerce Secretary Lutnick indicating it will likely be last in line for trade deals.
- Frequent two-week trade deadlines set by Trump are often delayed, with April tariffs paused for 90 days due to market concerns, causing repeated postponements.
- The US has only finalized a trade framework with the UK and paused tariffs with China, but uncertainties remain over mutual compliance, especially on rare earths and student exchanges.
- EU expects to miss the July 9 deadline as Trump plans to notify partners of tariffs, causing futures and the dollar to fall.
- EU expects to miss the July 9 deadline for higher duties, with Trump’s team working on bilateral deals and open to extending the tariff deadline in coming weeks.
79 Articles
79 Articles
The Bear vs. The Panda: The Ultimate Trade War of the Century and its Implications
Tariffs are an economic instrument aimed towards curbing unrestricted imports of foreign goods and strengthening an environment that promotes domestic production of the previously import-dependent commodities in a country. This measure is usually seen as an effort to boost their terms of trade with their relatively higher trade deficit partners and boost regional labor and […] The post The Bear vs. The Panda: The Ultimate Trade War of the Centur…
The dollar falls on Thursday and the actions decline, after Donald Trump has announced that he wants to impose unilateral trade decisions on the trading partners of the United States, in letters that will be sent in two weeks. ...
The dollar has hit a low for more than three years on Thursday after Donald Trump announced his intention to send letters within two weeks to some of the U.S. trading partners to announce the tariffs that will be imposed unilaterally.
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