The post Trump says July tariff deadline isn’t fixed: ‘We could extend it, or shorten it’ appeared on BitcoinEthereumNews.com.

Trump made it clear Friday at the White House that the United States is not locked into the July 9 deadline that could trigger massive tariffs on imports from dozens of countries. When asked if the date was final, he said, “No, we can do whatever we want. We could extend it. We could make it shorter.” That comment threw the entire trade timetable into question, especially since he didn’t directly mention the July 9 date; he seemed to be talking about July 8, which is when a separate deadline is set to expire. According to CNBC, the July 8 date marks the end of a 90-day tariff pause put in place by Trump back on April 9. That executive order temporarily dropped all country-specific tariffs to a flat 10%. But once those 90 days are over, the original, much steeper tariffs—some as high as 50%—automatically come back unless Trump signs a new order. And as of now, that hasn’t happened. The White House hasn’t announced any revisions to the April order, and the clock is ticking with less than two weeks left. Trump’s original order will auto-trigger higher tariffs The tariffs originally went into effect on April 2, which Trump called “liberation day.” Those sudden import fees hit countries across the board without warning. Some saw tariffs near 50%. Markets reacted immediately. There was volatility, investor panic, and backlash from governments and companies globally. A week later, Trump signed the April 9 order that paused those rates for 90 days, promising the US would use the time to strike deals with individual countries. But with just days left in the 90-day pause, there’s barely anything to show. The White House had suggested in April that dozens of trade agreements were on the table. But so far, the only real…

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Filed under: News - @ June 28, 2025 1:15 pm