President Donald Trump confirmed in a Fox Information interview that he doesn’t plan to increase the present 90-day pause on world tariffs previous the July 9 deadline.
The administration will start sending notification letters to nations “fairly quickly” earlier than the deadline, informing them of impending tariffs that might vary from 10% to 50%.
Trump indicated that the precise tariff charge for every nation will rely upon their commerce relationship with the US, stating “We’ll take a look at how a rustic treats us — are they good, are they not so good.”
Whereas the administration initially aimed to barter 90 separate commerce offers inside 90 days, Trump acknowledged at a latest press convention that reaching particular person agreements with every nation could be difficult.
