Date:2025-07-01
The deadline for tariff negotiations of the trump government is approaching on July 9. Trump said that he has no intention to extend the 90 day suspension of customs duties. No breakthrough has been made in the negotiations between the United States and major trade partners such as the European Union, Japan, South Korea and Canada. Canada has cancelled the digital service tax to seek negotiations, while trump threatened to impose 25 tariffs on Japanese cars. Countries may take countermeasures to strive for favorable conditions.
Currently, the deadline for tariff negotiations set by the trump administration is just over a week away from July 9
According to foreign media on June 29, trump said that he had no intention to extend the 90 day suspension of customs duties for most countries and regions beyond July 9. Once the negotiation deadline set by him expires, the government will notify relevant countries and regions that the trade penalty measures will take effect as scheduled unless an agreement is reached with the United States.
He said that before the deadline approaches, letters will be sent to relevant countries and regions soon.
"I don't think it needs to be extended," he said in an interview with Fox News. Then he added: "I can extend it too. It's no big deal." before that, trump said last Friday that the government can "do whatever it wants" to this deadline, including extending or shortening it.
Trump told reporters at a news conference last Friday: "I prefer to advance it. I want to directly send a letter to everyone, 'Congratulations, you will pay 25% tariff'."
Earlier this year, Trump and his advisers set an ambitious negotiation schedule and repeatedly said that they were negotiating with dozens of trading partners on reducing trade deficits and eliminating trade barriers.
As of the week of June 29, no breakthrough has been made in the negotiations between the United States and major trading partners such as the European Union, Japan, the Republic of Korea and Canada, or even the negotiations with Canada will be interrupted.
According to the latest news, on June 29 local time, the Canadian Ministry of Finance announced the abolition of the digital service tax (DST) and hoped to reach a trade agreement negotiation with the United States at an early date. Earlier, US President trump cancelled trade negotiations with Canada because of this tax.
In addition, according to Japanese media reports on June 30, trump also said on June 29 that Japan US trade was "unfair" and that he might send a letter to Japan, pointing out that "Japan has to pay 25% of the automobile tariff". The Japanese government has always called for the cancellation or reassessment of the 25% tariff imposed by the United States on imported cars, but Trump's remarks or hints have a negative attitude towards reducing the tax rate.
At present, with the expiration of the tariff moratorium, countries certainly do not want to see the United States raise its tariffs significantly. These countries may take corresponding measures based on their industrial or resource advantages to serve as bargaining chips with the United States and strive for a favorable situation for themselves
Original link：https://www.gjkdwl.com/news/telangpu-74633.html
English