#TariffsPause
Trump: Extension of Tariff Suspension Unlikely 🚫
Please read — this is critical information.
U.S. President Donald Trump indicated that it’s unlikely the suspension of trade tariffs will be extended for another 90 days.
Speaking to reporters aboard Air Force One ✈️, Trump emphasized that tariffs on China will remain in place unless Beijing makes “major concessions,” according to Bloomberg.
He also noted that financial markets are beginning to adjust to his trade policies, and that concerns over recent market volatility are easing. 📉📈
When asked about potential compromises from China, Trump said he wants China to open its economy but is uncertain whether they will deliver. 🤔
For now, he remains cautious, and any potential changes will depend on the progress of negotiations with China.