Trump Open to Extending Deadline for Trade Talks, Ready for Tariff Rates Set to Skip Talks with Dozens of Countries
Trump made remarks after U.S. Treasury Secretary Bessent said it is "highly likely" that the administration will delay tariffs for countries involved in good-faith trade talks.
19 hU.S. Commerce Secretary Suggests Tariffs on China Won't Change after Trump Says 55% Tariffs Set Following Trade Talks
Trump said a trade deal with China "is done, subject to final approval", and China will supply rare-earth minerals and magnets "up front", in return, U.S. will "provide to China what was agreed to, including Chinese students using our colleges and universities.”
20 hU.S. Appeals Court Extends Pause on Trade Ruling Blocking Trump's Tariffs
The appeals court intends to hear arguments on July 31, so the existing tariffs imposed by the Trump administration are set to stay in place through July unless there are further court actions in the case.
21 hU.S. Treasury Secretary Says U.S. Likely to Extend Deadline Upon End of 90-Day Pause
With the expiration date, July 8, is only four weeks away, Bessent made the remarks in response to a question from a Democratic lawmaker, marking the first time a senior official has indicated some flexibility for the tariff pause.
YesterdayGlobal Powers Urge U.S. to Drop Proposed Tariffs on Commercial Aircraft
YesterdayU.S. Commerce Secretary Says U.S.-China Trade Framework Aims to Resolve Rare Earths Dispute
YesterdayWorld Bank Warns Trade Tensions Could Push Global Growth to Slowest Pace Since 1960s
YesterdayCourt Pauses Tariff Reversal, Sets Summer Deadline for Final Ruling
YesterdayChina's Exports to U.S. Plunge Over 34% in May, the Biggest Decline in Over Five Years
The May figures mark a slowdown from April, when China's exports rose 8.1%, buoyed by robust demand from Southeast Asia. But in both months, exports to the U.S. took a hit: outbound shipments to the U.S. fell more than 21% in April as steep tariffs took effect.
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