Trump Administration Lowers Expectations for Trade Deals as Tariff Deadline Approaches

Less than 10 days till President Donald Trump’s higher “reciprocal” tariffs kick back in for most of the world, the U.S. looks like it may emerge with just a handful of trade deals. The President shocked the world and roiled markets on April 2, which he dubbed “Liberation Day,” when he imposed tariffs of as high as 50% on nearly every country, before announcing a 90-day reduction in a stunning reversal just a week later. That pause, however, is ending July 9, and Trump said in a Sunday interview on Fox News, taped Friday, that he doesn’t intend to extend the deadline—although, he add