Trump Tariff Deadline Holds Firm, Pressures Japan on Imports
President Trump's July 9 tariff deadline remains unchanged, escalating trade tensions with Japan and triggering market volatility. Higher U.S. tariffs loom, targeting key sectors like automotive and rice exports, as negotiations intensify ahead of the cutoff date.
Market participants are closely monitoring developments, with potential Ripple effects across global trade relationships. Treasury Secretary Scott Bessent signaled that even countries engaged in good-faith talks could face abrupt tariff hikes as the deadline approaches.