Trump Sticks With July 9 Tariff Deadline While Criticizing Japan

July 1, 2025, 8:18 PM UTC

President Donald Trump said he is not considering delaying his July 9 deadline for higher tariffs to resume and renewed his threat to cut off talks and impose duty rates on several nations, including Japan.

“No, I’m not thinking about the pause,” Trump said Tuesday when asked whether he would extend the negotiating period with trading partners. “I’ll be writing letters to a lot of countries.”

US stocks pulled back after Trump’s comments to reporters aboard Air Force One. The S&P 500 Index quickly dropped 14 points on the headlines after trading was steady earlier in the day. The benchmark ...

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