Physical Address

304 North Cardinal St.
Dorchester Center, MA 02124

Trump trade deadline not critical: White House


The President of the United States Donald Trump arrives at the Palais Bel Ten for a dinner before the NATO 2025 summit on June 24, 2025 in The Hague, in the Netherlands.

Patrick Van Katwijk | Getty images

President Donald Trump could extend its next self-imposed price Pause of deadlines, the White House said on Thursday.

Asked if Trump is still attached to a deadline to strike trade The agreements by July, press secretary Karoline Leavitt said that the date “was not critical”.

“The president can simply provide these countries with an agreement if he refuses to make us one on the deadline,” said Leavitt during a press conference.

“And this means that the president can choose a reciprocal rate rate which, according to him, is advantageous for the United States and for the American worker,” she said.

She added later: “Maybe it could be extended, but it is a decision to make for the president.”

Trump at the end of May, had threatened to impose prices of 50% on the European Union. But two days later, he agreed to delay this duty until July 9, after the president of the European Commission Ursula von der Leyen said that she needed an extension to “reach a good deal”.

Trump also comes up against the expiration of a 90 -day break on his imposition of “reciprocal” American prices on almost all other countries.

This stay, which dropped almost universal prices with a 10%coverage, should end on July 8.

Actions Increased the session peaks after Leavitt’s remarks Thursday afternoon, which was only the last signal that Trump cannot take quickly to the deadlines he previously announced.

Earlier Thursday, the president of the economic advisers of the White House, Stephen Miran, said to Yahoo Finance that he expected that these deadlines would be extended for countries engaged in “good faith” trade negotiations with the United States

In these cases, “I don’t see why [tariff] The prices would fall back higher, “said Miran.

Earlier in June, Treasury Secretary Scott bets testified before the Chamber of the Chamber Committee that he was “very likely” that Trump pushes his deadline of July 8.

This is a news. Please update updates.



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *