US EditionWhite House: Deadline Around Tariff Pause 'Not Critical'
- On June 26, 2025, the White House indicated that the upcoming July 8 and 9 dates for reinstating reciprocal tariffs are flexible and may be postponed.
- This flexibility comes after Treasury Secretary Scott Bessent, who is leading the negotiations, stated there is a strong chance the deadline will be extended for nations actively engaged in sincere trade discussions.
- The tariffs, imposed in April on imports including cars and parts, remain paused as the administration awaits Congress to pass the 'one big, beautiful bill' containing legislative priorities.
- European stocks responded positively, with futures for Germany’s DAX up 0.8% and France’s CAC 40 up 0.6%, as investors reacted to the possibility of extending the tariff pause.
- The potential extension suggests the administration aims to continue negotiation leverage while implementing tariffs if necessary, maintaining pressure on trading partners and supporting ongoing trade agreements.
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White House says July tariff deadline ‘not critical’, could be extended
The tariffs, originally set to be reinstated on July 8 and 9, are not seen as fixed deadlines as White House Press Secretary Karoline Leavitt told the media that these deadlines are "not critical".
·Uttar Pradesh, India
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Coverage Details
Total News Sources17
Leaning Left2Leaning Right3Center6Last UpdatedBias Distribution55% Center
Bias Distribution
- 55% of the sources are Center
55% Center
L 18%
C 55%
R 27%
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