Trump says he is open to extending trade deal deadline for other countries: 'I would'

President Donald Trump indicates willingness to extend July 8 trade deal deadline for countries negotiating with the U.S., but he believes it won't be necessary as talks continue.

President Donald Trump and first lady Melania Trump arrive at the Kennedy Center on June 11, 2025. (Win McNamee/Getty Images)

Shortly after announcing sweeping tariff policies on April 2 for virtually every U.S. trading partner, the Trump administration chose to institute a 90-day pause to give countries a chance to make a deal with the United States. 

Trump noted during the gaggle with reporters ahead of Wednesday's Kennedy Center performance that the United States remains in talks with about 15 countries with whom it is still trying to cement a deal. But the president said that he intends to send letters to these partners setting unilateral tariff rates if a deal is not reached.   

"We're dealing with Japan. We're dealing with South Korea. We're dealing with a lot of them. We're dealing with about 15 countries. But as you know, we have about 150-plus, and you can't [make a deal with all of them]. So we're going to be sending letters out in about a week and a half, two weeks, to countries and telling them what the deal is."

TRUMP'S TARIFF STRATEGY COULD PAY FOR HIS TAX BILL, BUT ONLY IF THEY STICK, EXPERTS WARN

"At a certain point, we’re just going to send letters out … saying this is the deal, you can take it or leave it," Trump added.

President Donald Trump holds a chart as he delivers remarks on reciprocal tariffs during an event at the White House on April 2, 2025. (BRENDAN SMIALOWSKI/AFP via Getty Images)

Highly anticipated trade talks with China held in London this week led to a preliminary agreement between the world's two biggest economic powers, but the "framework" is still pending final approval from Chinese President Xi Jinping and Trump.

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"We made a great deal with China. We're very happy with it," Trump told reporters at the Kennedy Center on Wednesday evening. "We have everything we need, and we're going to do very well with it. And hopefully they are, too."

https://www.foxnews.com/politics/trump-says-he-open-extending-trade-deal-deadline-other-countries-i-would