Reported about 10 hours ago
President Trump has created uncertainty regarding the U.S. tariff timeline this summer by presenting multiple scenarios during a recent press conference. While Treasury Secretary Scott Bessent suggested a potential end-of-summer deadline for trade resolutions, Trump stated that the July 9 reciprocal tariff deadline could be adjusted unpredictably. He also announced the termination of trade discussions with Canada over a digital tax, indicating that new tariffs could be imposed soon. Analysts are warning that the market should not assume a consistent trajectory for trade policies, as various developments could lead to changes in tariff rates.
Source: YAHOO