Trump May Extend Tariff Deadlines Amid Trade Talks
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President Trump may extend deadlines for reimposing tariffs on imports from various countries. White House Press Secretary Karoline Leavitt stated the July 8th and 9th deadlines are not critical and could be extended. The President has the power to offer alternative trade deals or set reciprocal tariffs. This announcement followed earlier pauses and threats of increased tariffs, and stocks rose after Leavitt's comments suggesting flexibility on the deadlines. Economic Advisers chairman Stephen Miran expects extensions for countries negotiating in good faith.
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