New York, July 19 . U.S. President Donald Trump said Friday a couple of big trade deals will be announced soon.
“They could almost do it today … maybe later on. We’ll do it,” said Trump at the signing ceremony of the stablecoin act at the White House.
“When I send out the paper that you’re paying 35 percent or 40 percent tariff, that’s a deal. Then, they’ll call and see if they can make a little bit different kind of a deal, like opening up their country to trade,” added Trump.
Trump has recently signed an executive order to extend the 90-day suspension of sweeping U.S. reciprocal tariffs from July 9 to Aug. 1, with trade negotiations ongoing with several major trading partners.
There will be no change or extensions to the Aug. 1 deadline, when tariffs will start being paid, according to Trump’s post on social media on July 8.
. XINHUA A.
