Trump says we can send letters of tariff rates instead of extending the deadline

Photo of author

By [email protected]



  • President Donald Trump He said that although commercial negotiations are still continuing, it is preferable to send a letter that sets the tariff prices that they face and do not extend on the deadline on July 9, when the “mutual definitions” expires. Trump previously pledged to send similar messages in May and earlier this month, although the conversations continued.

The United States is still working on trade negotiations during a temporary interruption period on aggressive “mutual definitions”, but President Donald Trump said that instead can be sent messages to countries that determine the prices they will face.

In an interview with Fox News On Sunday, the future of the morning with Maria BartopiromoIt was asked about the 90 -day comment that he put on the “Tahrir Day” tariff that was disclosed in April. This temporary suspension will end on July 9.

Trump replied: “I prefer sending a message to them, a very fair message, saying,” Congratulations, we will allow you to trade in the United States of America. It will pay a tariff of 25 %, 20 %, 40 or 50 %.

When asked if the temporary suspension would not be extended, he said: “I don’t think I will need it – it is not possible – there is a big deal.”

Trump also explained his position on the deadline on July 9, saying, “I will send messages. This is the end of the commercial deal.”

Then Japan is devoted to giving a virtual example to a message: “I can send one to Japan.” Dear Mr. Japan, here is the story: you will pay a 25 % tariff on your cars. ”

Trump added that the messages will explain the customs tariff rates by referring to the trade deficit with each country and the extent of its dealings with the United States, which indicates that negotiations will not be necessary in some cases.

“Some countries, we don’t care. We will know, as you know, we will send a large number,” we’ve predicted. “But we will send messages to go out soon. No, we should not meet. We understand. We have all the numbers.”

This comes after the administration previously indicated some flexibility on the deadline on July 9. On Friday, Treasury Minister Scott Bessent told Fox Business that can be concluded about ten deals with senior commercial partners on Workers Day.

Meanwhile, Trump had previously pledged to send similar introductory messages in May and earlier this month, despite the continued negotiations. White House officials have said for weeks that large commercial deals are imminent.

But his recent comments can refer to a stronger line or increased patience. On Friday, Trump said that he ends all commercial talks with Canada immediately, noting her plan to impose digital services taxes on American technology giants.

The notes were briefly made of momentum from the growing stock market, but the gathering was later resumed, and I sent S&P 500 and Nasdak To new standard levels.

Submit 2025 Fortune 500The final ranking of the largest companies in America. Explore this year’s list.



https://fortune.com/img-assets/wp-content/uploads/2025/06/GettyImages-2222473047-e1751213087537.jpg?resize=1200,600

Source link

Leave a Comment