Trump May Extend Tariff Deadlines as Trade Talks Continue, White House Signals Flexibility

Benzinga

President Donald Trump may delay the July 8 and 9 deadlines for reimposing steep reciprocal tariffs on most global imports, according to White House Press Secretary Karoline Leavitt. Trump has already paused tariffs above 10% for 90 days since April, aiming to secure new trade agreements. So far, only framework deals with China and the U.K. have been reached. Talks with India are reportedly close. Stocks rose after the White House indicated flexibility. Trump has threatened a 50% tariff on EU goods but extended that deadline to July 9. Economic advisers suggest more deals may be announced after Congress passes Trump’s tax-and-spending bill by July 4.

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00:00It's Benzinga, bringing Wall Street to Main Street.

00:02President Donald Trump may delay the July 8th and 9th deadlines for reimposing steep

00:08reciprocal tariffs on most global imports, according to the White House Press Secretary

00:13Caroline Levitt. Trump has already paused tariffs above 10% for 90 days since April,

00:20aiming to secure new trade agreements. So far, only framework deals with China and the UK have

00:27been reached. Talks with India are reportedly close. Stocks rose after the White House indicated

00:33flexibility. Trump has threatened a 50% tariff on EU goods, but extended that deadline to July 9th.

00:41Economic advisors suggest more deals may be announced after Congress passes Trump's tax

00:48and spending bill by July 4th. For all things money, visit Benzinga.com.

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