Trump says some “big trade deals” to be announced soon
New York, July 19 (UNI) U.S. President Donald Trump said Friday that a couple of big trade deals will be announced soon.
“They could almost do it today … maybe later on. We’ll do it,” said Trump at the signing ceremony of the Stablecoin Act at the White House.
“When I send out the paper, that you’re paying a 35 per cent or 40 per cent tariff, that’s a deal.
Then, they’ll call and see if they can make a little bit different kind of a deal, like opening up their country to trade,” added Trump.
Trump has recently signed an executive order to extend the 90-day suspension of sweeping U.S. reciprocal tariffs from July 9 to Aug. 1, with trade negotiations ongoing with several major trading partners.
There will be no change or extensions to the Aug. 1 deadline, when tariffs will start being paid, according to Trump’s post on social media on July 8.
