logo
Trump says he's not planning to extend a pause on global tariffs beyond July 9

Trump says he's not planning to extend a pause on global tariffs beyond July 9

WASHINGTON (AP) — President Donald Trump says he is not planning to extend a 90-day pause on tariffs on most nations beyond July 9, when the negotiating period he set would expire, and his administration will notify countries that the trade penalties will take effect unless there are deals with the United States.
Letters will start going out 'pretty soon' before the approaching deadline, he said.
'We'll look at how a country treats us — are they good, are they not so good — some countries we don't care, we'll just send a high number out,' Trump told Fox News Channel's 'Sunday Morning Futures' during a wide-ranging interview taped Friday and broadcast Sunday.
Those letters, he said, would say, 'Congratulations, we're allowing you to shop in the United States of America, you're going to pay a 25% tariff, or a 35% or a 50% or 10%.'
Trump had played down the deadline at a White House news conference Friday by noting how difficult it would be to work out separate deals with each nation. The administration had set a goal of reaching 90 trade deals in 90 days.
Negotiations continue, but 'there's 200 countries, you can't talk to all of them,' he said in the interview.
Trump also discussed a potential TikTok deal, relations with China, the strikes on Iran and his immigration crackdown.
Here are the key takeaways:
Few details on possible TikTok deal
A group of wealthy investors will make an offer to buy TikTok, Trump said, hinting at a deal that could safeguard the future of the popular social media platform, which is owned by China's ByteDance.
'We have a buyer for TikTok, by the way. I think I'll need, probably, China approval, and I think President Xi (Jinping) will probably do it,' Trump said.
Trump did not offer any details about the investors, calling them 'a group of very wealthy people.'
'I'll tell you in about two weeks,' he said when asked for specifics.
It's a time frame Trump often cites, most recently about a decision on whether the U.S. military would get directly involved in the war between Israel and Iran. The U.S. struck Iranian nuclear sites just days later.
Earlier this month, Trump signed an executive order to keep TikTok running in the U.S. for 90 more days to give his administration more time to broker a deal to bring the social media platform under American ownership.
It is the third time Trump extended the deadline. The first one was through an executive order on Jan. 20, his first day in office, after the platform went dark briefly when a national ban — approved by Congress and upheld by the Supreme Court — took effect.
Trump insists US 'obliterated' Iran's nuclear facilities
U.S. strikes on Iran 'obliterated' its nuclear facilities, Trump insisted, and he said whoever leaked a preliminary intelligence assessment suggesting Tehran's nuclear program had been set back only a few months should be prosecuted.
Trump said Iran was 'weeks away' from achieving a nuclear weapon before he ordered the strikes.
'It was obliterated like nobody's ever seen before,' Trump said. 'And that meant the end to their nuclear ambitions, at least for a period of time.'
Iran's supreme leader, Ayatollah Ali Khamenei, said Sunday on X that Trump 'exaggerated to cover up and conceal the truth.' Iran's ambassador to the United Nations, Amir Saeid Iravani, told CBS' 'Face the Nation' that his country's nuclear program is peaceful and that uranium 'enrichment is our right, and an inalienable right and we want to implement this right' under the Treaty on the Non-Proliferation of Nuclear Weapons. 'I think that enrichment will not — never stop.'
Rafael Grossi, the head of the International Atomic Energy Agency, said on CBS that 'it is clear that there has been severe damage, but it's not total damage.'
Grossi also said the U.N. nuclear watchdog has faced pressure to report that Iran had a nuclear weapon or was close to one, but 'we simply didn't because this was not what we were seeing.'
Of the leak of the intelligence assessment, Trump said anyone found to be responsible should be prosecuted. Journalists who received it should be asked who their source was, he said: 'You have to do that and I suspect we'll be doing things like that.'
His press secretary said Thursday that the administration is investigating the matter.
A 'temporary pass' for immigration raids on farms and hotels?
As he played up his immigration crackdown, Trump offered a more nuanced view when it comes to farm and hotel workers.
'I'm the strongest immigration guy that there's ever been, but I'm also the strongest farmer guy that there's ever been,' the Republican president said.
He noted that he wants to deport criminals, but it's a problem when farmers lose their laborers and it destroys their businesses.
Trump said his administration is working on 'some kind of a temporary pass' that could give farmers and hotel owners control over immigration raids at their facilities.
Earlier this month, Trump had called for a pause on immigration raids disrupting the farming, hotel and restaurant industries, but a top Homeland Security official followed up with a seemingly contradictory statement. Tricia McLaughlin said there would be 'no safe spaces for industries who harbor violent criminals or purposely try to undermine' immigration enforcement efforts.
Monday Mornings
The latest local business news and a lookahead to the coming week.
Status of China trade talks
Trump praised a recent trade deal with Beijing over rare earth exports from China and said establishing a fairer relationship will require significant tariffs.
'I think getting along well with China is a very good thing,' Trump said. 'China's going to be paying a lot of tariffs, but we have a big (trade) deficit, they understand that.'
Trump said he would be open to removing sanctions on Iranian oil shipments to China if Iran can show 'they can be peaceful and if they can show us they're not going to do any more harm.'
But the president also indicated the U.S. isn't afraid to retaliate against Beijing. When Fox News Channel host Maria Bartiromo noted that China has tried to hack U.S. systems and steal intellectual property, Trump replied, 'You don't think we do that to them?'
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Trump will 'take a look' at deporting Musk: 'We might have to put DOGE on Elon'
Trump will 'take a look' at deporting Musk: 'We might have to put DOGE on Elon'

The Province

time34 minutes ago

  • The Province

Trump will 'take a look' at deporting Musk: 'We might have to put DOGE on Elon'

Trump told reporters at the White House, 'You know what DOGE is? DOGE is the monster that might have to go back and eat Elon' Published Jul 01, 2025 • Last updated 6 hours ago • 2 minute read Donald Trump speaks to Elon Musk before departing the White House on his way to his South Florida home on March 14, 2025. Photo by ROBERTO SCHMIDT / Getty U.S. President Donald Trump said Tuesday he could consider deporting Elon Musk, after the South African-born billionaire slammed his flagship spending bill. This advertisement has not loaded yet, but your article continues below. THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLY Subscribe now to read the latest news in your city and across Canada. Exclusive articles by top sports columnists Patrick Johnston, Ben Kuzma, J.J. Abrams and others. Plus, Canucks Report, Sports and Headline News newsletters and events. Unlimited online access to The Province and 15 news sites with one account. The Province ePaper, an electronic replica of the print edition to view on any device, share and comment on. Daily puzzles and comics, including the New York Times Crossword. Support local journalism. SUBSCRIBE TO UNLOCK MORE ARTICLES Subscribe now to read the latest news in your city and across Canada. Exclusive articles by top sports columnists Patrick Johnston, Ben Kuzma, J.J. Abrams and others. Plus, Canucks Report, Sports and Headline News newsletters and events. Unlimited online access to The Province and 15 news sites with one account. The Province ePaper, an electronic replica of the print edition to view on any device, share and comment on. Daily puzzles and comics, including the New York Times Crossword. Support local journalism. REGISTER / SIGN IN TO UNLOCK MORE ARTICLES Create an account or sign in to continue with your reading experience. Access articles from across Canada with one account. Share your thoughts and join the conversation in the comments. Enjoy additional articles per month. Get email updates from your favourite authors. THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK. Create an account or sign in to continue with your reading experience. Access articles from across Canada with one account Share your thoughts and join the conversation in the comments Enjoy additional articles per month Get email updates from your favourite authors Trump also said the Department of Government Efficiency (DOGE) — which Musk headed before stepping down late May — may train its sights on the Tesla and SpaceX founder's government subsidies. 'I don't know. We'll have to take a look,' Trump told reporters at the White House when asked if he would consider deporting Musk. 'We might have to put DOGE on Elon. You know what DOGE is? DOGE is the monster that might have to go back and eat Elon.' Trump doubled down on the threat when he said he believed Musk was attacking his so-called 'One Big Beautiful Bill' because he was annoyed that it had dropped measures to support electric vehicles (EV). 'He's losing his EV mandate. He's very upset about things, but you know, he could lose a lot more than that, I can tell you right now. Elon can lose a lot more than that.' This advertisement has not loaded yet, but your article continues below. Trump made similar comments on his Truth Social network late Monday, saying that 'without subsidies, Elon would probably have to close up shop and head back home to South Africa.' Musk, the world's richest person, was Trump's biggest donor in the 2024 election and initially maintained a near constant presence at the newly elected president's side. They had an acrimonious public falling out this month over the bill and the tycoon has reprised his criticisms in recent days, accusing Republicans of abandoning efforts to place the United States at the front of the EV and clean energy revolution. Musk has also renewed his calls for the formation of a new political party called the 'America Party' if the bill passed. Read More Our website is the place for the latest breaking news, exclusive scoops, longreads and provocative commentary. Please bookmark and sign up for our daily newsletter, Posted, here.

What's in the latest version of Trump's big bill that passed the Senate
What's in the latest version of Trump's big bill that passed the Senate

Winnipeg Free Press

time35 minutes ago

  • Winnipeg Free Press

What's in the latest version of Trump's big bill that passed the Senate

WASHINGTON (AP) — Republicans are getting closer to the finish line in getting their tax and spending cut bill through Congress with a final House vote possible on Wednesday. At some 887 pages, the legislation is a sprawling collection of tax breaks, spending cuts and other Republican priorities, including new money for national defense and deportations. President Donald Trump has admonished Republicans, who hold majority power in the House and Senate, to skip their holiday vacations and deliver the bill by the Fourth of July. Democrats are united against the legislation, but are powerless to stop the bill if Republicans are united. The Senate passed the bill, with Vice President JD Vance casting the tie-breaking vote. The House passed an earlier iteration of the bill in May with just one vote to spare. Now, it will take up the Senate-amended measure. Here's the latest on what's in the bill. There could be changes as GOP lawmakers continue to negotiate. Tax cuts are the priority Republicans say the bill is crucial because there would be a massive tax increase after December when tax breaks from Trump's first term expire. The legislation contains about $4.5 trillion in tax cuts. The existing tax rates and brackets would become permanent under the bill. It temporarily would add new tax breaks that Trump campaigned on: no taxes on tips, overtime pay, the ability to deduct interest payments for some automotive loans, along with a $6,000 deduction for older adults who earn no more than $75,000 a year. It would boost the $2,000 child tax credit to $2,200. Millions of families at lower income levels would not get the full credit. A cap on state and local deductions, called SALT, would quadruple to $40,000 for five years. It's a provision important to New York and other high tax states, though the House wanted it to last for 10 years. There are scores of business-related tax cuts, including allowing businesses to immediately write off 100% of the cost of equipment and research. The wealthiest households would see a $12,000 increase from the legislation, which would cost the poorest people $1,600 a year, according to the nonpartisan Congressional Budget Office analysis of the House's version. Middle-income taxpayers would see a tax break of $500 to $1,500, the CBO said. Money for deportations, a border wall and the Golden Dome The bill would provide some $350 billion for Trump's border and national security agenda, including $46 billion for the U.S.-Mexico border wall and $45 billion for 100,000 migrant detention facility beds, as he aims to fulfill his promise of the largest mass deportation operation in U.S. history. Money would go for hiring 10,000 new Immigration and Customs Enforcement officers, with $10,000 signing bonuses and a surge of Border Patrol officers, as well. The goal is to deport some 1 million people per year. The homeland security secretary would have a new $10 billion fund for grants for states that help with federal immigration enforcement and deportation actions. To help pay for it, immigrants would face various new fees, including when seeking asylum protections. For the Pentagon, the bill would provide billions for ship building, munitions systems, and quality of life measures for servicemen and women, as well as $25 billion for the development of the Golden Dome missile defense system. The Defense Department would have $1 billion for border security. How to pay for it? Cuts to Medicaid and other programs To help partly offset the lost tax revenue and new spending, Republicans aim to cut back on Medicaid and food assistance for the poor. Republicans argue they are trying to rightsize the safety net programs for the population they were initially designed to serve, mainly pregnant women, the disabled and children, and root out what they describe as waste, fraud and abuse. The package includes new 80-hour-a-month work requirements for many adults receiving Medicaid and food stamps, including older people up to age 65. Parents of children 14 and older would have to meet the program's work requirements. There's also a proposed new $35 co-payment that can be charged to patients using Medicaid services. More than 71 million people rely on Medicaid, which expanded under Obama's Affordable Care Act, and 40 million use the Supplemental Nutrition Assistance Program. Most already work, according to analysts. The Congressional Budget Office estimates that 11.8 million more Americans would become uninsured by 2034 if the bill became law and 3 million more would not qualify for food stamps, also known as SNAP benefits. Republicans are looking to have states pick up some of the cost for SNAP benefits. Currently, the federal government funds all benefit costs. Under the bill, states beginning in 2028 will be required to contribute a set percentage of those costs if their payment error rate exceeds 6%. Payment errors include both underpayments and overpayments. But the Senate bill temporarily delays the start date of that cost-sharing for states with the highest SNAP error rates. Alaska has the highest error rate in the nation at nearly 25%, according to Department of Agriculture data. Sen. Lisa Murkowski, R-Alaska, had fought for the exception. She was a decisive vote in getting the bill through the Senate. A 'death sentence' for clean energy? Republicans are proposing to dramatically roll back tax breaks designed to boost clean energy projects fueled by renewable sources such as energy and wind. The tax breaks were a central component of President Joe Biden's 2022 landmark bill focused on addressing climate change and lowering healthcare costs. Democratic Oregon Sen. Ron Wyden went so far as to call the GOP provisions a 'death sentence for America's wind and solar industries and an inevitable hike in utility bills.' A tax break for people who buy new or used electric vehicles would expire on Sept. 30 of this year, instead of at the end of 2032 under current law. Meanwhile, a tax credit for the production of critical materials will be expanded to include metallurgical coal used in steelmaking. Trump savings accounts and so, so much more A number of extra provisions reflect other GOP priorities. The House and Senate both have a new children's savings program, called Trump Accounts, with a potential $1,000 deposit from the Treasury. The Senate provided $40 million to establish Trump's long-sought 'National Garden of American Heroes.' There's a new excise tax on university endowments. A $200 tax on gun silencers and short-barreled rifles and shotguns was eliminated. One provision bars money to family planning providers, namely Planned Parenthood, while $88 million is earmarked for a pandemic response accountability committee. Another section expands the Radiation Exposure Compensation Act, a hard-fought provision from GOP Sen. Josh Hawley of Missouri, for those impacted by nuclear development and testing. Billions would go for the Artemis moon mission and for the exploration of Mars. Additionally, a provision would increase the nation's debt limit, by $5 trillion, to allow continued borrowing to pay already accrued bills. Last-minute changes The Senate overwhelmingly revolted against a proposal meant to deter states from regulating artificial intelligence. Republican governors across the country asked for the moratorium to be removed and the Senate voted to do so with a resounding 99-1 vote. A provision was thrown in at the final hours that will provide $10 billion annually to rural hospitals for five years, or $50 billion in total. The Senate bill had originally provided $25 billion for the program, but that number was upped to win over holdout GOP senators and a coalition of House Republicans warning that reduced Medicaid provider taxes would hurt rural hospitals. The amended bill also stripped out a new tax on wind and solar projects that use a certain percentage of components from China. What's the final cost? Altogether, the Congressional Budget Office projects that the bill would increase federal deficits over the next 10 years by nearly $3.3 trillion from 2025 to 2034. Wednesdays Columnist Jen Zoratti looks at what's next in arts, life and pop culture. Or not, depending on how one does the math. Senate Republicans are proposing a unique strategy of not counting the existing tax breaks as a new cost because those breaks are already 'current policy.' Republican senators say the Senate Budget Committee chairman has the authority to set the baseline for the preferred approach. Under the alternative Senate GOP view, the bill would reduce deficits by almost half a trillion dollars over the coming decade, the CBO said. Democrats say this is 'magic math' that obscures the true costs of the tax breaks. Some nonpartisan groups worried about the country's fiscal trajectory are siding with Democrats in that regard. The Committee for a Responsible Federal Budget says Senate Republicans are employing an 'accounting gimmick that would make Enron executives blush.' ___

EDITORIAL: Elbows down on the Digital Services Tax
EDITORIAL: Elbows down on the Digital Services Tax

Toronto Sun

time36 minutes ago

  • Toronto Sun

EDITORIAL: Elbows down on the Digital Services Tax

Canadian Prime Minister Mark Carney (L) and US President Donald Trump arrive for a family photo during the Group of Seven (G7) Summit at the Kananaskis Country Golf Course in Kananaskis, Alberta, Canada on June 16, 2025. Photo by GEOFF ROBINS / AFP via Getty Images The only thing worse than Prime Minister Mark Carney rescinding the Digital Services Tax, two days after President Donald Trump threatened to shut down trade and security negotiations with the U.S. because of it, would have been not rescinding it. This advertisement has not loaded yet, but your article continues below. THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLY Subscribe now to read the latest news in your city and across Canada. Unlimited online access to articles from across Canada with one account. Get exclusive access to the Toronto Sun ePaper, an electronic replica of the print edition that you can share, download and comment on. Enjoy insights and behind-the-scenes analysis from our award-winning journalists. Support local journalists and the next generation of journalists. Daily puzzles including the New York Times Crossword. SUBSCRIBE TO UNLOCK MORE ARTICLES Subscribe now to read the latest news in your city and across Canada. Unlimited online access to articles from across Canada with one account. Get exclusive access to the Toronto Sun ePaper, an electronic replica of the print edition that you can share, download and comment on. Enjoy insights and behind-the-scenes analysis from our award-winning journalists. Support local journalists and the next generation of journalists. Daily puzzles including the New York Times Crossword. REGISTER / SIGN IN TO UNLOCK MORE ARTICLES Create an account or sign in to continue with your reading experience. Access articles from across Canada with one account. Share your thoughts and join the conversation in the comments. Enjoy additional articles per month. Get email updates from your favourite authors. THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK. Create an account or sign in to continue with your reading experience. Access articles from across Canada with one account Share your thoughts and join the conversation in the comments Enjoy additional articles per month Get email updates from your favourite authors Don't have an account? Create Account Carney's about-face made Canada look weak and we obtained nothing in return other than a resumption of the talks. That sent a message to Trump that his brinkmanship tactics work. A tactic he could use again when it comes to the bigger issue of Canada's supply management system for dairy, poultry and eggs, which the U.S. president has targeted for years. That said, implementing the DST would have been worse, permanently derailing the chance of a negotiated settlement with the White House on trade and security. This is over a tax on U.S. tech giants passed a year ago by the Justin Trudeau Liberals — unpopular with U.S. and Canadian business organizations — which would have cost Canadian taxpayers an estimated $7.2 billion over five years, as the tech giants passed along their increased costs to us. This advertisement has not loaded yet, but your article continues below. Carney made the best of a bad situation inherited from the Trudeau government, even if it did mean another example of how, despite his 'elbows up' election rhetoric, his negotiation tactics with Trump have been mostly 'elbows down.' To be fair, that's not surprising, given that the U.S. economy is 10 times larger than our own. It underscores the reality that if and when a deal between Canada and the U.S. is signed — before or after the self-imposed July 21 deadline agreed to by both countries — some of its provisions will be damaging to our economy. That makes it even more important that our federal and provincial governments focus on issues they can control. This includes the elimination of inter-provincial trade barriers, which involves a lot more than rescinding federal barriers to cross-Canada trade, which Parliament has now approved, given that many restrictions by the provinces remain in place. It means green-lighting new oil and natural gas pipelines to get our vast oil and natural gas resources to tidewater, mining for valuable minerals in Canada's Ring of Fire to reduce our dependence on China for them, along with other 'nation-building' projects. Ontario Toronto Blue Jays Editorial Cartoons Toronto Maple Leafs Sports

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store