Trump Says He Will Not Extend Global Tariff Pause Beyond July 9

• Trump plans to not extend global tariff pause beyond July 9.
• Countries will be notified of tariff implementation soon enough.
• Details on the possible TikTok deal remain vague from Trump.
• Trump says U.S. strikes have devastated Iran’s nuclear facilities.
• An approach to a temporary immigration pass for laborers is discussed.

Trump Outlines Tariff Plans and Trade Negotiations

President Donald Trump has stated emphatically that he does not intend to extend a 90-day pause on tariffs that affects most nations beyond July 9. This date marks the end of the negotiating period that his administration has set. If no deals are reached, he mentioned that countries will be notified that the tariffs will be reinstated. Letters will commence soon, he noted. Trump conveyed that the terms of these tariffs would depend on each nation’s treatment of the United States, suggesting that some countries may face steeper tariffs than others. In terms of percentages, he casually quipped about tariffs ranging anywhere from 10% to as high as 50% depending on the country.

Negotiations and Tariffs Amid Ongoing Global Tensions

In light of the approaching deadline, Trump downplayed the likelihood of reaching individual agreements with a multitude of nations, asserting how arduous the endeavor would be given that there are around 200 countries to engage with. He noted during an interview on Fox News Channel’s “Sunday Morning Futures” that it would be challenging to conduct negotiations with each country separately. Nevertheless, he continues to push for a strike of 90 trade deals in 90 days, emphasizing that despite the obstacles, they must consider the effect of tariffs on foreign relations moving forward. Alongside tariffs, Trump shed some light on various issues, including a potential deal regarding TikTok, relations with Iran, and the ongoing immigration policies regarding labor in industries like agriculture and hospitality.

TikTok Deal and Military Strikes—Key Updates

Regarding TikTok, Trump mentioned that a group of wealthy investors is poised to make an offer to buy the platform, a move that could steer its ownership away from China’s ByteDance. He believes that the deal would require approval from Chinese President Xi Jinping but remained vague on details. Trump also promised to shed more light on this development in about two weeks. Furthermore, there’s been a significant focus on Iran, where Trump insisted that recent U.S. strikes have severely damaged Iran’s nuclear facilities and reiterated that Tehran was approaching nuclear capability earlier this year. In stark contrast, Iranian officials claim their nuclear ambitions are peaceful and reject Trump’s statements as exaggeration. Meanwhile, Trump remarked that any individual responsible for leaking intelligence assessments regarding Iran’s nuclear capabilities should face prosecution. Lastly, discussing immigration, he signaled a potential temporary reprieve for certain industries in dire need of labor, indicating a nuanced approach to his typically hardline stance on immigration enforcement.

In summary, President Trump has reaffirmed his decision not to extend the tariff pause beyond July 9, signaling potential increases across many nations unless trade deals are reached. The administration is pushing forward with negotiations while addressing various pressing issues including TikTok, Iran’s nuclear program, and immigration policies impacting agriculture and hospitality. Ultimately, Trump’s comments reflect a complex interplay of trade, national security, and domestic labor concerns as his administration continues navigating these multifaceted challenges.

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