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Business Jun 30, 2025

Trump's trade deals miss mark on promised reforms

The Trump administration's 90-day break from new tariffs wraps up on July 9, but trade talks haven't really moved forward.
While some minor deals with India, Taiwan, and South Korea might happen, the big disagreements—especially with Canada over digital taxes—are still unresolved.

TL;DR

Trump is expected to announce new tariffs on imports

Trump says there's no more extensions: countries could see tariffs as high as 50% depending on their trade policies.
This back-and-forth is making things unpredictable for businesses and global markets.
With trade policy being a big part of Trump's 2024 campaign, these decisions could shape America's economy and relationships for years—and 57% of voters aren't impressed so far, disapproving of his approach.