Or maybe not!
Trump said Wednesday he would be willing to extend a July 8 deadline for finishing trade talks with countries before higher U.S. levies take effect, but that the extensions may not be necessary.“I would, but I don’t think we’re going to have that necessity. We made a great deal with China,” Trump told reporters. “We’re dealing with Japan, we’re dealing with South Korea. We’re dealing with a lot of them. So we’re going to be sending letters out, in about a week and a half, two weeks, to countries, telling them what the deal is, like I did with EU.”
And the big beautiful deal with China just takes us back to where we were.
It remains unclear whether the truce will hold — or crumble like one struck in May did. Even if the agreement does prove durable, its big accomplishment appears to be merely returning the countries to a status quo from several months ago, before President Trump provoked tensions with China in early April by ramping up tariffs on goods it produces.I was amused that this story fronts the critics. I'm not saying that's bad practice, just highlighting that it is a choice.