President Donald Trump may extend his July 8–9 deadlines to reimpose steep reciprocal tariffs on global imports, according to White House Press Secretary Karoline Leavitt. While the tariffs were initially paused for 90 days to allow trade negotiations, few deals have materialized, with only China and the UK securing preliminary agreements.
Trump May Extend Tariff Deadlines as Global Trade Talks Lag
Trump retains authority to impose tariffs unilaterally if talks fail. Stocks rose following signals that the deadlines may shift. Economic advisers stressed that countries negotiating in good faith may receive extensions. Officials expect new trade deals soon, contingent on Congress passing Trump’s broader tax-and-spending bill before July 4.
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