Listeners:
Top listeners:
-
play_arrow
Trump’s Trade Team Wants Foreign Nations To Submit Best Trade Proposals
By Brett Rowland | The Center Square
(Worthy News) – President Donald Trump’s trade team sent letters to foreign nations facing reciprocal tariffs seeking their best trade offers by Wednesday as the administration looks to make deals.
The letter comes after a court ruling last week that raised questions about the legality of Trump’s tariffs.
White House Press Secretary Karonline Leavitt confirmed the details of the letter during a briefing on Tuesday. The Office of the U.S. Trade Representative Jamieson Greer sent the letter to trading partners “to give them a friendly reminder that the deadline is coming up,” she said.
“They need to cut deals with the United States of America,” Leavitt said. “As you’ve all seen, he’s unafraid to use tariffs to protect our industries and protect our workers, but he wants to see these tailor-made deals be signed.”
Leavitt said deals would be made “very, very soon.”
July 8 is the end of the 90-day pause on the reciprocal tariffs that Trump imposed in April on nearly all U.S. trading partners.
On April 2, dubbed “Liberation Day” by the president, Trump announced reciprocal tariffs on scores of other nations, but suspended those higher rates for 90 days while his trade team went to work. Since then, Trump’s team has announced a limited trade deal with the United Kingdom and tariff truce with China while talks continue.
Those “Liberation Day” tariffs face legal challenges from states and small businesses.
A three-judge panel on the U.S. Court of International Trade unanimously ruled last week that Congress did not give the president tariff authority under the International Emergency Economic Powers Act of 1977. The court gave Trump 10 days to unwind all the tariffs he issued under IEEPA. The administration appealed that decision and asked for an emergency stay. The appeals court granted that request, putting the Court of International Trade ruling on hold while the appeal continues.
In his second term, Trump has made tariffs the centerpiece of his foreign and domestic policy efforts. He has repeatedly announced tariffs, only to suspend them days or sometimes hours later. It started in February when Trump threatened to put 25% tariffs on Canada and Mexico. Trump later reversed course after reaching limited deals with those neighboring countries.
The most significant switch was on his “Liberation Day” tariffs on April 2, when he announced higher reciprocal tariffs on dozens of nations. Seven days later, he suspended those higher rates for 90 days to give his trade team more time to make deals. After a weekend of talks in Geneva, he also backed off 145% tariffs on China. So far, Trump has kept a 30% tariff on imports from China and a 10% baseline tariff for all imports.
Economists, businesses and some publicly traded companies have warned that tariffs could raise prices on a wide range of consumer products.
Trump has said he wants to use tariffs to restore manufacturing jobs lost to lower-wage countries in decades past, shift the tax burden away from U.S. families, and pay down the national debt.
A tariff is a tax on imported goods paid by the person or company that imports the goods. The importer can absorb the cost of the tariffs or try to pass the cost on to consumers through higher prices.
Copyright 1999-2026 Worthy News. This article was originally published on Worthy News and was reproduced with permission.
Latest News from Worthy News
In a setback to those hoping for regime change in the Islamic Republic, U.S. President Donald J. Trump signaled Friday that he may begin “winding down” military operations against Iran, saying Washington is close to achieving its objectives.
U.S. Vice President JD Vance is expected to visit Hungary in a last-minute show of support for Prime Minister Viktor Orbán, who faces his toughest election since returning to power in 2010, officials familiar with the planning confirmed.
Anti-immigration and local parties made gains in municipal elections in the Netherlands, where concerns over rising migration from mainly Islamic countries, the financial impact of climate policies, and increased defense spending have dominated national and local debates.
Israel signaled Thursday it would refrain from further attacks on energy infrastructure after a strike on Iran’s vast South Pars natural gas field triggered retaliatory strikes across the Middle East, sending oil and natural gas prices sharply higher and raising fears of a wider regional escalation.
European Union leaders condemned Hungarian Prime Minister Viktor Orbán’s decision on Thursday to block a 90 billion euro ($98 billion) loan for Ukraine, linking his stance to a dispute with Kyiv over Russian oil supplies.
Families and friends of scores of Christians held in Iranian prisons have requested prayers as “concerns for their well-being grow and communication has all but ceased” amid ongoing U.S.-Israeli strikes against Iran, Christians told Worthy News Thursday.
As a marathon debate over the SAVE America Act continues in the U.S. Senate, Republicans and Democrats are sparring over whether the voter ID bill would strengthen election security or discourage potential voters.
WHO WE ARE
The Psalms, hymns, and spiritual songs encapsulate the beauty, wisdom, and eternal truths found in the Bible, creating an immersive experience that resonates with believers and seekers alike.
CONTACT
- +1 908 280-4246
- Essex County, USA
- info@tnjrfm.com