“We can do everything we want”

President Donald Trump On Friday, he said he could not follow in early July, when massive US tariffs would enter into force on a number of countries.

“No, we can do everything we want,” Trump said in the White House when he was asked if his term was in the stone. “We could extend it. We could do it shorter.”

The issue was specifically approximately July 9, the term for the US and the European Union to agree on a trade transaction, or launch a 50% tariff for EU imports to take effect.

But it appears that the president’s response refers to the July 8, when a three -month pause at his self -designed “mutual tariffs” ends in many countries, sending tariff rates to his original, much higher levels.

Despite the obvious Trump flexibility regarding dates, Executive order He signed on April 9, is not flexible unless it is officially updated.

This order reduced the tariffs related to Trump’s country to a speed of 10% for 90 days, and showed that temporary retribution will last only three months.

If Trump does not revise his order, wide tariffs will return to their high performance in 12 days.

This can have a great impact on a number of US trading partners and risks repeating the world’s economic upheaval that Trump went when on April 2 announced the initial tariffs.

The countries were blinded by large -scale duties in import – some of the nearly 50% – that Trump rolled out what he called “Liberation Day”.

Immediately the days of very flying markets, criticism and anxiety from investors, world leaders and importers followed. A week later, Trump announced a 90-day pause on new tariffs.

Initially, the White House suggested in April that it would pull out individual trade deals with dozens of countries.

But in the 90-day time, there was less than two weeks, the White House still reached only limited trade agreements with China and UK.

Both of these deals were described as more like frame than to finalized transactions. The Beijing Ministry said earlier that China and the United States have confirmed the details About the trading base to which both sides agreed in the previous negotiations.

“We have made a transaction with probably four or five different countries,” Trump said on Friday, but “we have 200 countries, we can say 200 countries plus,” the tariff list, characteristic of the country since April.

“So, at some point, for the next one and a half weeks, and maybe before, we are going to send a letter, we talked to many countries, and we just tell them that they have to pay for business in the US, and it will go very soon,” Trump said.

Trump’s latest comments followed by other officials of the administration officials that the rates in July were fluid.

“It may be extended, but the president’s decision to make,” the White House press secretary Caroline Levit said on Thursday.

At the end of May the Federal Trade Court strike The tariffs, deciding that the law that Trump appealed to the introduction did not give him the authorities, which he claimed he had done. But the federal The Court of Appeal has stopped This is a resolution from the entry into force.