world

Trump Ends 90-Day Tariff Pause — New Trade Letters Coming Before July 9 | N18G

President Trump’s 90-day pause on global reciprocal tariffs is set to expire on July 9, and he has no plans to extend it. Instead, he intends to notify each country individually about the tariffs they will face to do business with the U.S., sending letters to various countries specifying their rates. Trump recently announced a trade deal with Vietnam, allowing U.S. goods to enter duty-free, while Vietnamese exports to the U.S. will face a 20% tariff. This follows an earlier 46% tax on Vietnamese imports as part of broader reciprocal tariffs aimed at countries with trade deficits with the U.S. Despite the tariff suspension intended to enable negotiations, only the UK has reached a trade agreement so far. Trump also urged Iran to resume talks with special envoy Steve Witkoff and offered to meet personally if necessary. Iran, however, suspended cooperation with the International Atomic Energy Agency after U.S. airstrikes. Trump emphasized the goal is to help Iran become “a country again” and expressed concern for safety in Gaza.

first published: Jul 4, 2025 12:51 pm