Trump says he's open to extending an earlier July commerce deal deadline

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President Donald Trump mentioned Wednesday he was prepared to increase the deadline for international locations to succeed in a commerce cope with the US, however he does not assume will probably be needed.

On the similar time, he additionally indicated that in a single to 2 weeks his administration can be sending out letters telling international locations " what the deal is ."

Trump made the remarks forward of a efficiency of "Les Misérables" that he attended on the Kennedy Heart in Washington with the primary woman.

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"I'd," Trump mentioned when requested if he can be prepared to increase the July 8 deadline for international locations to barter a commerce deal or else face steep tariffs. "However I do not assume we'll have that necessity," the president added, telling reporters "we're rocking when it comes to offers" proper now.

President Donald Trump and first woman Melania Trump arrive on the Kennedy Heart on June 11, 2025. (Win McNamee/Getty Pictures)

Shortly after asserting sweeping tariff insurance policies on April 2 for just about each U.S. buying and selling associate, the Trump administration selected to institute a 90-day pause to present international locations an opportunity to make a cope with the US.

Trump famous through the gaggle with reporters forward of Wednesday's Kennedy Center efficiency that the US stays in talks with about 15 international locations with whom it's nonetheless attempting to cement a deal. However the president mentioned that he intends to ship letters to those companions setting unilateral tariff charges if a deal shouldn't be reached.

"We're coping with Japan. We're coping with South Korea. We're coping with lots of them. We're coping with about 15 international locations. However as you recognize, we have now about 150-plus, and you'll't [make a deal with all of them]. So we'll be sending letters out in a couple of week and a half, two weeks, to international locations and telling them what the deal is."

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"At a sure level, we’re simply going to ship letters out … saying that is the deal, you'll be able to take it or depart it," Trump added.

President Donald Trump holds a chart as he delivers remarks on reciprocal tariffs throughout an occasion on the White Home on April 2, 2025. (BRENDAN SMIALOWSKI/AFP through Getty Pictures)

Extremely anticipated trade talks with China held in London this week led to a preliminary settlement between the world's two greatest financial powers, however the "framework" remains to be pending remaining approval from Chinese language President Xi Jinping and Trump.

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"We made a terrific cope with China. We're very pleased with it," Trump instructed reporters on the Kennedy Heart on Wednesday night. "We have now all the pieces we'd like, and we'll do very effectively with it. And hopefully they're, too."