Daily Updates News 
Washington, D.C.:
Former U.S. President Donald Trump has stated that he does not intend to prolong the existing 90-day suspension on tariffs for most nations, which is set to expire on July 9. Instead of extending talks, Trump said his administration would begin sending formal letters to countries, outlining the new tariff rates they would face unless separate trade agreements are reached.
In a recent Fox News interview, Trump remarked, “There’s no need to keep extending. I’ll just send the letters. That marks the end of the trade deal.” He emphasized that these letters would specify tariff levels—potentially as high as 50%—based on how each country trades with the United States and their current trade deficits.
“It’s more efficient. Rather than endless meetings, we’ll issue fair letters,” Trump explained, adding that some nations may receive higher tariffs if they don’t engage in negotiations.
Using Japan as an example, he said, “I could just send a letter that says, ‘Dear Japan, you’re going to pay 25% on cars.’ Simple.”
Earlier, Trump had signaled a desire to conclude trade negotiations with 90 countries in 90 days. However, he acknowledged that meeting each nation individually is difficult: “You can’t talk to all 200 countries at once.”
Meanwhile, India has extended its delegation’s stay in Washington in an effort to finalize a deal ahead of the looming July 9 tariff deadline. Trump previously indicated that a “very big” agreement with India was likely soon, even as trade discussions have grown more intense in recent weeks.
