Trade talks probably won’t be done by Trump’s July 9 deadline, Treasury Secretary Bessent says

Japan, U.S. agree to continue tariff talks as July deadline looms

Japanese and U.S. tariff negotiators agreed Friday to continue talks in pursuit of a deal that will be beneficial to both countries, but significant differences apparently remain in areas such as Washington's treatment of its key Asian ally's automotive industry. Japan's government said its top tariff negotiator, Ryosei Akazawa, and…

CNBC Transcript: U.S. Treasury Secretary Scott Bessent Speaks with CNBC’s Morgan Brennan on “Closing Bell: Overtime” Today

Trump Leaves Trade Deadline Open-Ended

President Donald Trump discussed the flexibility of the July 9 trade deadline, suggesting it could change based on ongoing negotiations. While U.S. tariffs might be reinstated if agreements aren't reached, Trump expressed a desire for quicker resolutions, with U.S. Treasury Secretary Scott Bessent mentioning Labor Day as a potential target.

Bessent: Trade negotiations could be ‘wrapped up’ by Sept. 1

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Trade talks probably won’t be done by Trump’s July 9 deadline, Treasury Secretary Bessent says

Treasury Secretary Scott Bessent on Friday said he thinks trade negotiations could be “wrapped up” by Labor Day, providing a more relaxed framework for inking deals than the previously prescribed July 9 deadline.