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US Commerce Secretary: August 1 Tariff Hike Deadline Will Not Be Extended, Trump Still Ready to Continue Tariff Talks Afterward

US Commerce Secretary: August 1 Tariff Hike Deadline Will Not Be Extended, Trump Still Ready to Continue Tariff Talks Afterward

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BlockBeatsBlockBeats2025/07/27 17:44

BlockBeats News, July 27 — U.S. Commerce Secretary Lighthizer stated that the August 1 tariff hike deadline will not be extended. Europe needs and is willing to reach a trade agreement with the United States; the question is whether the deal offered by the EU is good enough for Trump to abandon the threat of a 30% tariff.


In addition, Lighthizer said that Trump is still prepared to continue tariff negotiations after August 1. (Jin10)

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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