{"id":37774,"date":"2025-07-31T21:26:09","date_gmt":"2025-07-31T21:26:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/37774\/"},"modified":"2025-07-31T21:26:09","modified_gmt":"2025-07-31T21:26:09","slug":"live-updates-trumps-trade-deadline-ticks-down-to-zero-sending-tariffs-soaring","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/37774\/","title":{"rendered":"Live updates: Trump\u2019s trade deadline ticks down to zero, sending tariffs soaring"},"content":{"rendered":"<p>       <img decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/ca\/wp-content\/uploads\/2025\/07\/gettyimages-2213381165.jpg\" alt=\"An employee produces automobile gas cylinders for export at a factory in Ruichang, in eastern China's Jiangxi province on May 8.\" class=\"image__dam-img image__dam-img--loading\" onload=\"this.classList.remove('image__dam-img--loading')\" onerror=\"imageLoadError(this)\" height=\"1333\" width=\"2000\" loading=\"lazy\"\/><\/p>\n<p class=\"paragraph inline-placeholder vossi-paragraph\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cmdrq6b5h00033b6tsobsi9rz@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n            Hours before President Donald Trump\u2019s \u201creciprocal\u201d tariffs were set to take effect in April, he said, \u201cThese countries are calling us up, kissing my a**. They are dying to make a deal. \u2018Please, please, sir, make a deal. I\u2019ll do anything, I\u2019ll do anything, sir.\u201d\n    <\/p>\n<p class=\"paragraph inline-placeholder vossi-paragraph\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cmdrqnzj2000e3b6t4xs639r1@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n            Then after he initially paused those tariffs in April, his top trade advisor, Peter Navarro, promised the president was going to achieve \u201c90 (trade) deals in 90 days.\u201d\n    <\/p>\n<p class=\"paragraph inline-placeholder vossi-paragraph\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cmdrqeyz500093b6t2r98xav8@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n            It\u2019s been 111 days, however, and only two deals have been finalized, one of which \u2013 with China \u2013 expires in two weeks. Trump has announced a handful of trade agreements over the past month with trading partners, but until they\u2019re finalized, they\u2019re essentially rough drafts. And in the case of one of those rough drafts, it\u2019s not even entirely clear what the draft says. Trump announced a \u201cdeal\u201d with Vietnam in a Truth Social post earlier this month, but the Vietnamese government hasn\u2019t publicly confirmed any details.\n    <\/p>\n<p class=\"paragraph inline-placeholder vossi-paragraph\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cmdrqgta5000b3b6tbfn21722@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n            So what happened to all those promised deals?\n    <\/p>\n<p class=\"paragraph inline-placeholder vossi-paragraph\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cmdrqpr2j000f3b6t2s3xrge6@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n            As Trump\u2019s original 90-day \u201creciprocal\u201d tariff deadline of July 8 approached, Trump and members of his administration began to change their tone, pointing fingers at other trading partners for not negotiating in \u201cgood faith.\u201d\n    <\/p>\n<p class=\"paragraph inline-placeholder vossi-paragraph\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cmdrq6asn00013b6tdel96tgx@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n            \u201cI think what President Trump is concerned about is the quality of the deals, not the quantity,\u201d Treasury Secretary Scott Bessent said in an interview earlier this month.\n    <\/p>\n<p class=\"paragraph inline-placeholder vossi-paragraph\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cmdrqn033000d3b6tk30i28rx@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n            Then, after Trump extended the July 8 deadline to August 1, he began sending out a flurry of letters to heads of state informing them of the tariff rates their respective countries\u2019 goods would face absent a trade deal.\n    <\/p>\n<p class=\"paragraph inline-placeholder vossi-paragraph\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cmdrqthlb000h3b6tslm7p2ps@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n            \u201cA letter means a deal,\u201d the president said at a Cabinet meeting on July 8.\n    <\/p>\n","protected":false},"excerpt":{"rendered":"Hours before President Donald Trump\u2019s \u201creciprocal\u201d tariffs were set to take effect in April, he said, \u201cThese countries&hellip;\n","protected":false},"author":2,"featured_media":37775,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[45,49,48,46],"class_list":["post-37774","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-ca","tag-canada","tag-economy"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/37774","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=37774"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/37774\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/37775"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=37774"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=37774"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=37774"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}