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President Donald Trump confirmed in a Fox News interview that he doesn’t plan to extend the current 90-day pause on global tariffs past the July 9 deadline.
The administration will begin sending notification letters to countries “pretty soon” before the deadline, informing them of impending tariffs that could range from 10% to 50%.
Trump indicated that the specific tariff rate for each country will depend on their trade relationship with the US, stating “We’ll look at how a country treats us — are they good, are they not so good.”
While the administration initially aimed to negotiate 90 separate trade deals within 90 days, Trump acknowledged at a recent press conference that reaching individual agreements with each nation would be challenging.
