Trump Says Deadline For Tariff Negotiations Isn’t Firm After All
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Trump has suggested he will impose his own tariff rates against countries that don’t make deals with his administration.
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business news
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June 27, 2025
01:35 PM
Forbes
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Trump Says Deadline For Tariff Negotiations Isn’t Firm After AllBySara Dorn, Forbes Staff
Sara Dorn is a Forbes news reporter who covers
AuthorJun 27, 2025, 01:35pm EDTJun 27, 2025, 02:49pm EDTTopline President Donald Trump on Friday suggested he could extend, or more ly shorten, the 90-day pause on the “Liberation Day” tariffs he imposed in April as the fate of his goal of making “90 deals in 90 days” remains in doubt
President Donald Trump speaks during a news conference in the Brady Briefing Room of the White House
More on June 27, 2025, in Washington, DC. (Photo by ANDREW CABALLERO-REYNOLDS/AFP via Getty Images)AFP via Getty Images Key Facts Trump said “we could extend it, we could make it shorter, I’d to make it shorter,” when asked by a reporter if the July 9 deadline still holds as the date when he mised the levies would go back into effect
Trump made the s after White House Press Secretary Karoline Leavitt alluded a day earlier to the possibility he could adjust the deadline
Trump and Leavitt also suggested Trump would impose new tariff rates on countries that fail to negotiate new agreements with the Trump administration: “we can do whatever we want
I’d to just send letters out to everybody [that say] ‘congratulations, you’re paying 25%,’” while Leavitt told reporters Thursday “the president can pick a recical tariff rate that he believes is advantageous for the United States, and for the American worker. ” Treasury Secretary Scott Bessent also predicted to the House Ways and Means Committee earlier this month that it was “highly ly” Trump would push back the July deadline
Trump has mised to make “90 deals in 90 days” during the tariff pause, but so far has only announced new trade deals with China and the United Kingdom
Tangent Trump also said Friday the U
Would cease trade talks with Canada after it announced a digital services tax on U. nology companies. “We will let Canada know the Tariff that they will be paying to do with the United States of America within the next seven day period,” Trump wrote on Truth Social
Canada and Mexico are not subject to the Liberation Day tariffs or the freeze
What To Watch For Trump teased Thursday the U
Has a trade deal “coming up maybe with India,” describing it as a “very big one. ” White House National Economic Council Director Kevin Hassett also told Fox on Tuesday “we know that we’re very, very close to a few countries,” and predicting they would be announced after Congress passes Trump’s signature spending and policy legislation
Key Background Trump announced a pause in Liberation Day tariffs for all countries assigned a tax above the baseline 10%
He also delayed a 50% tariff he threatened to impose on imports from the European Union
Experts have predicted the deadline for lifting the pause could change, citing the difficulty of achieving 90 deals in 90 days
Further Reading Trump’s Steel Tariff Hike Takes Effect—Here Are The 22 Times He’s Changed His Mind On Tariffs (Forbes) Supreme Court Asked To Take Up Trump’s ‘Liberation Day’ Tariffs (Forbes) Trump’s Tariffs Are Slowing Down U
And Global Economy, OECD Says (Forbes( Got a tip. confidential information with Forbes
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