Trump believes there is no need to extend the July 9th tariff deadline. US Treasury Secretary admits it may be difficult to complete all negotiations

金色财经|Jun 29, 2025 20:42
According to a report by Golden Finance, US President Trump stated that he believes there is no need to extend the July 9th trade deadline. Countries need to reach an agreement with the US before this deadline to avoid being subject to higher tariffs. He said in an interview with Fox News, 'I don't think there's a need for an extension.'. Later, he added, "I can also extend it, it's not a big deal." Prior to this, Trump had stated last Friday that the government could "do whatever it wants" with this deadline, including extending or shortening it. On Friday, US Treasury Secretary Besson said, "Some countries have proposed very good agreements to us, but we may not be able to complete all negotiations until Trump's tariffs on specific countries come back into effect on April 2nd. If we can reach agreements with 10 to 12 of our 18 important trading partners - and another 20 important trade relationships - then I believe we can complete all trade negotiations before US Labor Day (September 1st)
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