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Trump says he's not planning to extend a pause on global tariffs beyond July 9

  • President Donald Trump announced he will not extend the 90-day pause on tariffs for most nations, which expires on July 9, 2025.
  • The pause was set to allow negotiations with about 200 countries, but Trump noted it would be difficult to finalize deals with all of them.
  • Trump said letters will soon be sent informing countries of tariffs ranging from 10% to 50%, and his administration will enforce penalties if no deals are reached.
  • Surveys from Creighton University highlight economic volatility from tariffs, with one in four bankers citing tariff retaliation as the top risk for farmers in 2025.
  • The end of the tariff pause may intensify economic uncertainty, affecting rural communities and supply chains amid ongoing global trade tensions.
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President Donald Trump said he does not plan to delay his July 9 deadline to resume the higher tariffs and renewed his threat to cut off talks and impose tariffs on several nations, including Japan. “No, I’m not thinking about the pause,” Trump said Tuesday when he was asked if he would extend the negotiating period with his trading partners. “I will write letters to many countries.” US actions retreated after Trump’s comments to the press aboar…

·Mexico
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Los Angeles TimesLos Angeles Times
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President Donald Trump states that he does not plan to extend a 90-day break to the entry into force of tariffs on most nations beyond July 9, when the deadline he set for negotiations expires, and that his government will notify nations about the implementation of import taxes unless there are agreements with the United States.

·Los Angeles, United States
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trend.sk broke the news in on Friday, June 27, 2025.
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