Trump: No intention to extend the 90-day tariff suspension period
On June 30, news from Jinshi cited the Associated Press reporting that U.S. President Trump stated he has no intention of extending the 90-day tariff suspension period for most countries and regions beyond July 9. Once the negotiation deadline he set has passed, the government will notify the relevant countries and regions: unless an agreement is reached with the U.S., trade penalties will take effect as scheduled. He indicated that letters would soon be sent to the relevant countries and regions before the deadline approaches. Trump stated in an interview on Fox News Channel: "We will assess the attitudes of various countries and regions towards us: whether they are friendly or unfriendly. There are some countries and regions we don’t care about, so we just send them a high number." Trump mentioned in the interview that these letters will specify: "Congratulations, you are authorized to purchase goods from the United States, subject to a 25% tariff, or 35%, 50%, or 10% tariff."