AP: Trump says no extension of global tariff pause, high tariffs may resume from July 9
AP reported on June 30 that President Trump stated he would not extend the global tariff pause, which was scheduled to expire on July 9. Countries that have not reached an agreement with the United States will face high tariffs of 25% to 50%. Trump said he would "soon" send letters to countries informing them of the specific rates and emphasized that "the numbers will be adjusted based on how countries treat the United States." He acknowledged the difficulty of negotiating individually with more than 200 countries but insisted on the "America First" position. In addition, Trump mentioned that there might be progress on the TikTok deal within two weeks, which requires approval from China; he also reiterated that a strike on Iran's nuclear facilities would "completely destroy" its nuclear capabilities, although the International Atomic Energy Agency assessed it as only "severely damaging." On immigration issues, he said he is considering providing "temporary permits" for agricultural and hotel industry workers to alleviate labor shortages.
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