US EditionTrump's Pause on 'Reciprocal Tariffs' Expires Wednesday
- As the 90-day tariff pause expires Wednesday, duties will resume August 1, causing U.S. businesses and consumers to face increased uncertainty.
- The Trump administration's strategy aims to correct long-standing trade imbalances, with only three of 90 planned deals finalized, while unresolved talks risk 70% tariffs on major economies.
- U.S. businesses and consumers brace for price hikes and shortages as tariffs resume amid ongoing trade uncertainty through 2025.
- Economists forecast slower growth and unemployment rising to 4.7% by mid-2026 as countries scramble to finalize trade frameworks amid ongoing US tariff uncertainties.
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Trump's 'reciprocal' tariff pause is about to expire. Cue the confusion
The 90-day deadline President Donald Trump set for countries to make trade deals with the United States or risk substantially higher tariffs is just days away. What will happen after that's reached at 12.01am US Eastern Time on July 9 is anyone's best guess.The stakes could not be higher, with the entire global economy on notice.On April 2, a date Trump dubbed "Liberation Day," he unveiled new, "reciprocal" tariff rates for key US trading partne…
·Australia
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Trump's global tariff pause is supposed to expire Wednesday. What's at stake for Canada?
U.S. President Donald Trump’s three-month pause on his sweeping global tariffs is set to expire in just a few days. Ahead of the deadline, some trade experts say Canada still faces big risks despite avoiding that round of levies back in April.
·Canada
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Coverage Details
Total News Sources36
Leaning Left2Leaning Right4Center24Last UpdatedBias Distribution80% Center
Bias Distribution
- 80% of the sources are Center
80% Center
C 80%
13%
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