#Liquidity101

- The US considers extending tariff suspension amid trade negotiations.

- According to Odaily, US Treasury Secretary Besant stated on Wednesday that the Trump administration is open to extending the current 90-day tariff suspension beyond July 9, provided that key trading partners demonstrate 'sincerity' in ongoing negotiations. Speaking at a House Ways and Means Committee hearing in Washington, Besant highlighted that the US is engaged in efforts to reach agreements with 18 'significant trading partners.'

- For countries and trade groups, such as the European Union, that are 'negotiating in good faith,' there is a strong possibility that the US will 'extend the deadline to continue sincere negotiations.' Besant emphasized that if any party is reluctant to negotiate, the US will not participate in the talks.

+ So far, officials from the Trump administration have not indicated a willingness to extend the tariff suspension if 'terms of agreement' are not reached before the deadline. Besant's comments suggest that as the deadline approaches, the administration may be more inclined to adjust its self-imposed timeline.