Trump believes there is no need to extend the tariff deadline of July 9, and the U.S. Treasury Secretary admits that it may be difficult to complete all negotiations.
[Trump believes there is no need to extend the tariff deadline of July 9, US Treasury Secretary admits it may be difficult to complete all negotiations] US President Trump stated that he believes there is no need to extend the trade deadline of July 9, and countries need to reach an agreement with the US before this deadline to avoid being subjected to higher tariffs. In an interview with Fox News, he said: "I don't think an extension is necessary." He then added, "I could also extend it, it’s no big deal." Previously, last Friday, Trump had stated that the government could do whatever it wants with this deadline, including extending or shortening it. On Friday, US Treasury Secretary Mnuchin stated: "Some countries have presented us with very good agreements, but it may not be possible to complete all negotiations before Trump's tariffs on specific countries go into effect on April 2. If we can reach agreements with 10 to 12 of the 18 key trading partners—along with another 20 important trade relationships—then I think we can complete all trade negotiations before Labor Day (September 1)." ( Jin10 )
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Trump believes there is no need to extend the tariff deadline of July 9, and the U.S. Treasury Secretary admits that it may be difficult to complete all negotiations.
[Trump believes there is no need to extend the tariff deadline of July 9, US Treasury Secretary admits it may be difficult to complete all negotiations] US President Trump stated that he believes there is no need to extend the trade deadline of July 9, and countries need to reach an agreement with the US before this deadline to avoid being subjected to higher tariffs. In an interview with Fox News, he said: "I don't think an extension is necessary." He then added, "I could also extend it, it’s no big deal." Previously, last Friday, Trump had stated that the government could do whatever it wants with this deadline, including extending or shortening it. On Friday, US Treasury Secretary Mnuchin stated: "Some countries have presented us with very good agreements, but it may not be possible to complete all negotiations before Trump's tariffs on specific countries go into effect on April 2. If we can reach agreements with 10 to 12 of the 18 key trading partners—along with another 20 important trade relationships—then I think we can complete all trade negotiations before Labor Day (September 1)." ( Jin10 )