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U.S. President Donald Trump confirmed Tuesday that he will not extend the July 9 deadline for countries to finalize trade deals with the United States, reinforcing his tough stance on international trade negotiations.
Speaking aboard Air Force One en route to Washington from Florida, Trump expressed doubts about reaching a trade agreement with Japan. “We’ve dealt with Japan. I’m not sure we’re going to make a deal. I doubt it,” he told reporters.
Trump also warned of potentially steep tariffs on Japanese imports if no deal is reached. He suggested new tariffs could be as high as "30% or 35% or whatever the number is that we determine," signaling a more aggressive posture than the previously proposed 24% tariff announced on April 2, which was later paused.
The statement increases pressure on trade partners, particularly Japan, as the administration’s deadline approaches. Trump's remarks highlight the administration’s ongoing effort to reshape global trade relationships and reduce what he sees as unfair trade imbalances.
This development comes amid heightened global trade tensions, with markets watching closely for signals from Washington. A breakdown in negotiations with Japan could lead to significant consequences for U.S.-Japan trade relations, affecting sectors such as automotive and electronics.
By signaling an unwillingness to compromise and floating even higher tariffs, Trump is intensifying the pressure on trading partners to meet U.S. demands ahead of the looming July 9 cutoff.
Search interest in U.S.-Japan trade negotiations, Trump tariffs, and global trade policies is likely to spike as investors, manufacturers, and policy analysts monitor developments. Businesses with exposure to U.S.-Japan trade may need to prepare for increased volatility if negotiations falter.
