Wednesday SITREP: Europe and MENA Focus
Trump Won’t Delay Tariff Deadline, Thai PM Suspended, Israel Kills 109 in Gaza While Trump Promises to be ‘Firm’ Andrew Sheves Good morning. 🇺🇸** Trump Won’t Delay Tariff Deadline** President Trump ruled out extending his July 9 deadline for higher tariffs to resume, threatening to impose duties on several nations despite ongoing negotiations. So far, only the UK and China have put trade frameworks in place and no deals have been formalized, despite the 90-day delay. Trump criticized Japan, particularly for not accepting US rice exports, and said he would impose 30-35% tariffs due to trade imbalances, calling the country “very spoiled” and doubting a deal will be reached. Markets reacted with the S&P 500 dropping 14 points on the news, while Trump sounded more optimistic about finalizing a trade agreement with India within days. More - Bloomberg ...