Trump says he’s not planning to extend a pause on global tariffs beyond July 9

29.06.2025    The Mercury News    6 views
Trump says he’s not planning to extend a pause on global tariffs beyond July 9

WASHINGTON AP By DAVID KLEPPER and ALI SWENSON President Donald Trump says he is not planning to extend a -day pause on tariffs on most of nations beyond July when the negotiating period he set would expire and his administration will notify countries that the agreement penalties will take effect unless there are deals with the United States Letters will start going out pretty soon before the approaching deadline he reported We ll look at how a country treats us are they good are they not so good particular countries we don t care we ll just send a high number out Trump advised Fox News Channel s Sunday Morning Futures during a wide-ranging interview taped Friday and broadcast Sunday Those letters he commented would say Congratulations we re allowing you to shop in the United States of America you re going to pay a tariff or a or a or Related Articles Trump Mobile still maintains its phone is Made in the USA But it pulled that language from its site Families and businesses are concerned about the effect of tariffs on youth sports US financial market shrank between January and March worse than earlier estimates had revealed Fed s Powell repeats warning about tariffs as various GOP senators accuse him of bias Walters California politicians ignore agriculture s troubles but boost movie business Trump had played down the deadline at a White House news conference Friday by noting how formidable it would be to work out separate deals with each nation The administration had set a goal of reaching pact deals in days Negotiations continue but there s countries you can t talk to all of them he noted in the interview Trump also discussed a possible TikTok deal relations with China the strikes on Iran and his immigration crackdown Here are the key takeaways Scant details on realizable TikTok deal A group of wealthy investors will make an offer to buy TikTok Trump explained hinting at a deal that could safeguard the future of the popular social media platform which is owned by China s ByteDance We have a buyer for TikTok by the way I think I ll need presumably China approval and I think President Xi Jinping will ostensibly do it Trump reported Trump did not offer any details about the investors calling them a group of very wealthy people I ll tell you in about two weeks he disclosed when petitioned for specifics It s a time frame Trump often cites the bulk in recent days about a decision on whether the U S military would get directly involved in the war between Israel and Iran The U S struck Iranian nuclear sites just days later Earlier this month Trump signed an executive order to keep TikTok running in the U S for more days to give his administration more time to broker a deal to bring the social media platform under American ownership It is the third time Trump extended the deadline The first one was through an executive order on Jan his first day in office after the platform went dark briefly when a national ban approved by Congress and upheld by the Supreme Court took effect Trump insists US obliterated Iran s nuclear facilities U S strikes on Iran obliterated its nuclear facilities Trump insisted and he announced whoever leaked a preliminary intelligence assessment suggesting Tehran s nuclear project had been set back only a insufficient months should be prosecuted Trump commented Iran was weeks away from achieving a nuclear weapon before he ordered the strikes It was obliterated like nobody s ever seen before Trump reported And that meant the end to their nuclear ambitions at least for a period of time Iran s supreme leader Ayatollah Ali Khamenei explained Sunday on X that Trump exaggerated to cover up and conceal the truth Iran s ambassador to the United Nations Amir Saeid Iravani notified CBS Face the Nation that his country s nuclear campaign is peaceful and that uranium enrichment is our right and an inalienable right and we want to implement this right under the Treaty on the Non-Proliferation of Nuclear Weapons I think that enrichment will not never stop Rafael Grossi the head of the International Atomic Potency Agency commented on CBS that it is clear that there has been severe damage but it s not total damage Grossi also reported the U N nuclear watchdog has faced pressure to analysis that Iran had a nuclear weapon or was close to one but we totally didn t because this was not what we were seeing Of the leak of the intelligence assessment Trump mentioned anyone discovered to be responsible should be prosecuted Journalists who received it should be questioned who their source was he revealed You have to do that and I suspect we ll be doing things like that His press secretary announced Thursday that the administration is inspecting the matter A temporary pass for immigration raids on farms and hotels As he played up his immigration crackdown Trump offered a more nuanced view when it comes to farm and hotel workers I m the strongest immigration guy that there s ever been but I m also the strongest farmer guy that there s ever been the Republican president explained He noted that he wants to deport criminals but it s a obstacle when farmers lose their laborers and it destroys their businesses Trump mentioned his administration is working on various kind of a temporary pass that could give farmers and hotel owners control over immigration raids at their facilities Earlier this month Trump had called for a pause on immigration raids disrupting the farming hotel and restaurant industries but a top Homeland Shield official followed up with a seemingly contradictory announcement Tricia McLaughlin noted there would be no safe spaces for industries who harbor violent criminals or purposely try to undermine immigration enforcement efforts Status of China exchange talks Trump praised a latest agreement deal with Beijing over rare earth exports from China and stated establishing a fairer relationship will require considerable tariffs I think getting along well with China is a very good thing Trump disclosed China s going to be paying a lot of tariffs but we have a big pact deficit they understand that Trump reported he would be open to removing sanctions on Iranian oil shipments to China if Iran can show they can be peaceful and if they can show us they re not going to do any more harm But the president also indicated the U S isn t afraid to retaliate against Beijing When Fox News Channel host Maria Bartiromo noted that China has tried to hack U S systems and steal intellectual property Trump replied You don t think we do that to them

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