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Trump Pressures New Tariff Deadlines Amid Trade Stalemate

7/11/2025

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Summary

Story summary

President Trump is growing increasingly impatient with the sluggish pace of trade negotiations, contemplating new tariff deadlines for countries like Japan and South Korea. With only three deals struck instead of his ambitious goal of 90 in 90 days, economists caution that these tariffs could inflate prices and threaten a recession, despite the White House's assertion of U.S. negotiating power.

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Story summary

President Trump is growing increasingly impatient with the sluggish pace of trade negotiations, contemplating new tariff deadlines for countries like Japan and South Korea. With only three deals struck instead of his ambitious goal of 90 in 90 days, economists caution that these tariffs could inflate prices and threaten a recession, despite the White House's assertion of U.S. negotiating power.