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Home»US News

Trump says he is open to extending the deadline for early trade contracts in July

Artificial IntelligenceBy Artificial IntelligenceJune 12, 2025 US News No Comments3 Mins Read
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President Donald Trump said Wednesday he was willing to extend the deadline for the country to reach a trade agreement with the United States, but he doesn’t think it’s necessary.

At the same time, he also showed that in a week or two, his administration would send a letter telling the country “what is a deal?”

Trump made a statement ahead of the performance of “Reserables” that he attended at the Kennedy Center in Washington along with the First Lady.

As the appeals court suspends lower court decisions, the Trump administration wins to block contested tariffs

“I would,” Trump said when asked if he was willing to negotiate a trade deal or extend the July 8 deadline in the country facing sudden tariffs. “But I don’t think we have the need for that,” the president added, telling reporters, “We’re currently shaking in terms of dealing.”

President Donald Trump and First Lady Melania Trump will arrive at the Kennedy Center on June 11, 2025.

Shortly after it announced its swept rate policy on April 2 for virtually all US trading partners on April 2, the Trump administration chose to launch a 90-day suspension to give countries the opportunity to trade with the US.

Trump said in a gag with reporters ahead of the Kennedy Center performance on Wednesday that the US is still in talks with around 15 countries trying to solidify its deal. However, the president said he intends to send letters to these partners who will set unilateral tariff charges if the transaction is not reached.

“We deal with Japan. We deal with Korea. We deal with many of them. We deal with about 15 countries. But as you know, we have about 150 or more. [make a deal with all of them]. So, in about a week and a half or two, we will send letters to the country to tell us what a transaction is. ”

Trump’s tariff strategy can pay for his tax bill, but experts warn him only if it sticks

“At some point, we just send out a letter… say this is a deal and you can take it or leave it,” Trump added.

President Donald Trump keeps charts when making mutual tariff comments at an event at the White House on April 2, 2025 (Brendan Smialowski/AFP via Getty Images)

The much-anticipated trade talks with China, held in London this week, have led to a preliminary agreement between the two biggest economic forces of the world, but the “framework” holds final approval from China’s President Xi Jinping and Trump.

Click here to get the Fox News app

“We’ve made China a lot, and we’re very pleased with it,” Trump told reporters at the Kennedy Center on Wednesday evening. “We have everything we need and we are trying to do very well with that, and hopefully so too.”

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