SEOUL, April 11 (Editor Bian) - US President Donald Trump announced on Wednesday a temporary suspension of certain "reciprocal tariffs," which triggered an epic rebound in the US stock market. However, just one day later, Trump once again threatened the "reciprocal tariffs," reigniting market tension.

Trump threatened on Thursday that if countries fail to reach agreements with the US, he will change his approach of suspending the "reciprocal tariffs" for 90 days for specific countries and restore the tariffs to higher levels.

"If we can't reach the agreements we want to reach, or must reach, or that are beneficial to both sides, then we go back to the original situation," Trump told reporters at a cabinet meeting on Thursday.

However, when asked whether this meant he would not extend the "90-day suspension period," Trump did not rule out this possibility. He said, "We have to see what happens."

When asked about the progress of his administration's negotiations with the first country regarding tariffs, Trump said they were "very close," but did not specify which country it was.

Trump said on Wednesday that given more than 75 countries and regions had contacted the US side, hoping to negotiate tariff issues without retaliating against the US in any way, the US would suspend high "reciprocal tariffs" for these countries for 90 days, but the basic 10% tariff would remain effective.

After Trump announced the suspension of "reciprocal tariffs," European Commission President Ursula von der Leyen stated in a statement on the same day that the EU agreed to suspend its countermeasures against US tariffs by 90 days originally scheduled for April 15.

Trump said on Thursday that he would negotiate as a whole with European countries. He said that it was wise for European countries to restrain retaliation, but he criticized again, saying that the EU "does indeed take advantage of the US. Their purpose is to use the US."

During the cabinet meeting on Thursday, government officials including US Treasury Secretary Benset and Commerce Secretary Lutnike expressed confidence that various countries would sit at the negotiating table.

In the week since the announcement of "reciprocal tariffs," about 75 countries have contacted the Trump administration, hoping to reach agreements. Benset said on Wednesday that this was a major factor in the Trump administration's decision to temporarily suspend tariffs.

Kevin Hassett, Director of the White House National Economic Council, said on Thursday that negotiations between the US and some trade partners were progressing smoothly, with some agreements nearing completion last week.

Hassett revealed that the Office of the US Trade Representative has informed him that approximately 15 countries have already made "clear offers," and the US side is studying and evaluating these offers.

(Seoul Network, Bian Chun)

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