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Trump: No plans to extend the deadline for tariff negotiations, may raise tariffs on Japan.
Jin10 data reported on July 2nd that U.S. President Trump stated on Tuesday that he is not considering extending the deadline for trade agreement negotiations between various countries and the United States, which is July 9th, and expressed doubts about reaching an agreement with Japan. Trump said, "We have dealt with Japan. I am not sure if we can reach an agreement. I have doubts about this." Trump indicated that he might impose tariffs of "30%, 35%, or any number we decide" on goods imported from Japan, which is significantly higher than the 24% rate he announced on April 2nd.