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08/07/2025

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Global tariff break to expire July 9, Trump says

by LAWIN.news June 30, 2025
written by LAWIN.news June 30, 2025
Photo credit: AP News
42

WASHINGTON, D.C.  — President Donald Trump announced he will not extend the current 90-day pause on global tariffs, which is set to expire on July 9. Th

Countries that fail to reach new trade agreements with the United States by the deadline will face the reimposition of tariffs. The move could escalate tensions between the U.S. and key trading partners and increase costs for American businesses reliant on imports.

U.S. trade officials have held negotiations with multiple nations during the pause, but not all talks have concluded. The tariffs, if reinstated, will apply to sectors such as manufacturing, technology, and agriculture, potentially raising prices for consumers and disrupting supply chains.

The Trump administration has framed the tariffs as necessary to protect U.S. industries and jobs. Officials argue that applying pressure through tariffs encourages foreign governments to revise trade practices seen as harmful to American economic interests.

Some countries have reached deals during the negotiation window, while others continue discussions to avoid tariff penalties. Trump’s decision signals a return to stricter trade enforcement if talks do not produce favorable results for the United States.

The White House has not ruled out further action beyond July 9. Industry leaders and trade experts are monitoring the situation closely as the deadline nears, assessing potential economic impacts both domestically and abroad.

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