US Treasury Secretary Besson expresses willingness to extend tariff suspension period

Odaily Planet Daily News: US Treasury Secretary Besson said on Wednesday that as long as the US's major trading partners show "sincerity" in the current negotiations, the Trump administration is willing to extend the current 90 day tariff suspension period beyond July 9th. Bessen said at a hearing held by the House Ways and Means Committee in Washington that the United States has 18 "important trading partners" and the Trump administration is working hard to reach agreements with these countries. For countries and trade groups (such as the European Union) that are "sincerely negotiating", it is "very likely" that the United States will "postpone the deadline to continue sincere negotiations". He also said, 'If someone doesn't negotiate, then we won't negotiate.' Trump administration officials have not yet indicated that they are willing to postpone the tariff suspension if the 'agreement terms' are not reached before it expires. Bessent's speech indicates that as the deadline approaches, the Trump administration may be more inclined to change the deadline it has set.