US EditionGuest Column: Tariffs Can Help Michigan, but Medicines Should Be Off-Limits
- The Trump administration may prolong the current 90-day suspension on reciprocal tariffs, which is scheduled to end on July 9, 2025, as trade discussions continue.
- The pause began in early April to allow about 60 trading partners with tariffs above 10 percent baseline duty to negotiate concessions.
- Ryohei Akazawa, Japan’s chief negotiator, traveled to Washington for his seventh ministerial discussion aimed at securing the removal of extra tariffs that have increased auto duties to 24 percent.
- A spokesperson for the White House indicated that the deadline is flexible, and President Trump has the authority to prolong it or establish customized reciprocal tariff agreements.
- The potential extension and ongoing talks aim for a July 9 settlement with the EU, Japan, and others to avoid tariff escalation and market uncertainty.
52 Articles
52 Articles
The Morning Sun
Guest column: Tariffs can help Michigan, but medicines should be off-limits
By Blake Edmonds Guest columnist President Trump recently imposed a 50% tariff on foreign steel and aluminum, a 25% tariff on vehicles and automotive parts, an effective tariff of above 30% on most Chinese imports, and a 10% tariff on almost all other goods—all in a bid to revive American manufacturing and cripple America’s chief adversary. Wall Street has wailed over the tariffs. But Michiganders on both sides of the aisle have largely welcomed…
White House: July tariff deadlines 'not critical'
White House Press Secretary Karoline Leavitt suggests President Donald Trump could extend his deadlines to re-impose so-called 'reciprocal' tariffs - including his 50% levy on the EU. Squawk Box Europe's Steve Sedgwick, Karen Tso and Julianna Tatelbaum are joined by UBS Chief Economist Arend Kapteyn to discuss the latest trade tariff news out of Washington and Brussels.
US President Donald Trump had set a deadline for the EU until 9 July, and for many other countries it is due to expire on 8 July.
Kyodo News+
Mainichi ShimbunTrump could extend 90-day tariff pause in July, White House says
U.S. President Donald Trump could extend his administration's 90-day pause on so-called reciprocal tariffs, set to expire on July 9, the White House said Thursday. As Japan's top tariff negotiator arrived in Washington seeking to hold another round of talks with U.S. Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick, White House spokeswoman Karoline Leavitt said at a press briefing, "The deadline is not critical." Read full …
The U.S. government could extend the deadline of 9 July, when it is expected to enter into force the higher VAT rates for imports from ten countries, said Joi Casa Albá.
Coverage Details
Bias Distribution
- 43% of the sources lean Right
To view factuality data please Upgrade to Premium
