The Damage Report
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Trump Trade Plans Finally CRUMBLE As Desperate Tariff Letters Unveiled
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June 30, 2025
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5:06Now PlayingDonald Trump's trade plans and promises completely fall apart as latest trade deadline approaches and he announces he will be sending out tariff letters to world letters without any trade deals. John Iadarola and Jayar Jackson break it down on The Damage Report. Leave a comment with your thoughts below!
Read more here:
Threat of More Tariffs Hangs Over Countries Negotiating Trade Deals
"Governments around the globe are racing to negotiate trade deals with the United States in order to forestall President Trump’s punishing tariffs, which could kick in on July 9. But the discussions have been slowed because Mr. Trump has threatened to impose more tariffs even if those deals are in place.
Mr. Trump announced what he refers to as “reciprocal tariffs” on April 8, saying they were in response to other countries' unfair trading practices. But he agreed to pause those levies for 90 days to give countries time to reach trade deals with the United States. Some administration officials recently suggested that the deadline could be extended, but Mr. Trump has signaled that he is ready to slap tariffs on countries he views as uncooperative.
“We have countries that are negotiating in good faith, but they should be aware that if we can’t get across the line because they are being recalcitrant, then we could spring back to the April 2 levels,” Treasury Secretary Scott Bessent said in an interview with Bloomberg Television on Monday."
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