🇺🇸 PRESIDENT TRUMP MAY EXTEND THE IMPORT TAX DEADLINE... OR UNILATERALLY IMPOSE TAXES"
– On April 9, President Trump temporarily postponed the imposition of import taxes exceeding 10% for 90 days to give countries time to negotiate. The deadline will expire on July 8.
– The White House confirmed that the President may extend this deadline.
– Spokesperson Karoline Leavitt said: "It may be extended, but that is the President's decision."
– If countries do not reach a trade agreement with the U.S. before the deadline, Leavitt emphasized: "The President may unilaterally impose a tax."
– "That means the President can choose a countervailing tax rate that he believes is beneficial for America and American workers."