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White House Signals Potential Tariff Extension Amid Trade Negotiations
White House Signals Potential Tariff Extension Amid Trade Negotiations
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BTCCSquare news:
President TRUMP faces a critical decision on July 9 tariff deadlines as White House economic advisor Stephen Miran hints at possible extensions for nations engaged in good-faith negotiations. "Rolling back the deadline makes sense for countries making progress," Miran stated on Yahoo Finance's Opening Bid program. The baseline 10% tariff may remain or see marginal reductions for dealmakers.
Market resilience persists despite April's reciprocal tariff announcement, with only partial U.S. agreements reached with the UK and China. Investors appear unfazed by trade tensions, as evidenced by the market's full recovery since the initial tariff announcement.
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