The White House signaled Thursday that President Donald Trump’s July 9 deadline for securing new trade deals may be pushed back. Press Secretary Karoline Leavitt stated that “the deadline is not critical,” suggesting flexibility as negotiations with key partners continue.
Originally set as a 90-day window starting in April, the timeline was designed to pressure trading partners into finalizing deals. So far, only the United Kingdom and China have reached agreements with the U.S., while talks with other major economies, including the European Union and India, remain in progress.
Despite the potential delay, Leavitt reaffirmed that Trump maintains the authority to implement or modify reciprocal tariffs at his discretion. Under his trade strategy, all U.S. trading partners would face a 10% baseline tariff beginning July 9 unless deals are finalized. Countries failing to reach agreements may face higher tariffs, tailored to match their existing duties on American goods.
The administration appears inclined to extend the negotiation window to secure broader trade coverage. A Wall Street Journal report on Thursday noted that the EU is now considering reducing tariffs on various U.S. imports in hopes of quickly concluding a trade pact with the Trump administration.
As discussions evolve, the potential tariff escalation continues to weigh on global trade dynamics, particularly for nations seeking favorable access to the U.S. market. The coming weeks will be critical for whether Trump’s aggressive tariff plan moves forward or shifts to accommodate longer-term trade diplomacy.
This development adds uncertainty to global markets, but also opens the door for potential breakthroughs in international trade agreements.


US Allies Fear Trump Could Soften Taiwan Stance in Xi Talks
Asian Stocks Rise as Oil Falls, BOJ Rate Decision in Focus
South Korea Producer Prices Rise 0.2% in August
Yen Slides After BOJ Rate Hike as Dollar Holds Near Seven-Week High
UK Inflation Rises to 3.1% Ahead of BoE Rate Decision
Kim Yo Jong Warns of Stronger Response to US-Led Military Drills
Venezuela Nears Deal to Move $4 Billion in Gold to New York Fed
Gold Rebounds Above $4,300 Despite Hawkish Fed Rate Hike
FBI, Coast Guard Board Ships After Cyberattacks
France Urges Faster AI Push Despite Safety Risks
Australia Tightens Student Visa Rules, Targets Migration Cut by 2028
Asian Currencies Mixed as Dollar Holds Gains After Fed Rate Hike
Trump Threatens EU Tariffs Over Canada Membership Proposal
Gold Prices Rise as Oil and Treasury Yields Fall
Vietnam, U.S. Firms Plan 29 Deals Across Energy, Tech and Aviation
Guterres Urges Stronger Global AI Safeguards Ahead of UN Assembly
Pentagon Restarts Testosterone Testing for US Troops 



