Trump says he's not planning to extend a pause on global tariffs beyond July 9
- President Donald Trump stated he will not extend the pause on tariffs past July 9, resulting in possible trade penalties unless agreements are made with the U.S.
- The White House anticipates agreements with up to a dozen major trading partners before the deadline, according to Trump's advisors.
- Treasury Secretary Scott Bessent warned that countries failing to reach deals may face higher tariffs than the current 10 percent.
- A Quinnipiac University poll found that 57 percent of voters disapprove of Trump's handling of trade negotiations, reflecting public discontent.
226 Articles
226 Articles
EU Trade Chief To Fight for Tariff Deal in Washington
EU trade chief Maroš Šefčovič announced on Monday, June 30th, that he will travel to Washington in a final push to secure a trade agreement with President Donald Trump’s administration before the July 9 cutoff. The European Commission, which oversees trade policy for the 27-member bloc, faces the threat of sweeping U.S. tariffs on most EU goods if a deal is not reached by next Wednesday. “The ninth of July is around the corner,” Šefčovič told re…
Today, an EU delegation travels to Washington. After all the flattering words back and forth at the NATO summit, the fierce battle between the US and Europe over import duties is coming to the fore again. The deadline for a deal, 9 July, is approaching. If the talks do not produce results soon, the European Union will face extra high duties on goods and services sold to America. The status of the talks is unclear, but the EU member states want t…
Sweeping reforms unlikely as Trump's tariffs go back in effect
With days to go until President Donald Trump’s country-specific tariffs are set to resume, the White House appears poised to fall short of the sweeping global trade reforms it promised to achieve during the three months they were on hold.
French Minister Calls for EU–US Trade Deal Deadline Extension
France’s finance minister has called for more time to secure a trade deal between the European Union and the United States as the 90-day deadline imposed by the Trump administration ends next week. On April 2, President Donald Trump instituted sweeping new tariff policies on U.S. trade partners, including reciprocal tariffs on nations deemed to have trade barriers against U.S. goods. For the EU, the reciprocal tariff was set at 20 percent. On Ap…
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