this post was submitted on 10 Jul 2025
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Trump delays tariffs as the rest of the world plays hardball (www.bbc.com)
submitted 1 week ago by babysandpiper@sopuli.xyz to c/economics@lemmy.world
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Donald Trump's White House had grandly promised "90 deals in 90 days" after partially pausing the process of levying what the US president called "reciprocal" tariffs.

In reality, there won't even be nine deals done by the time we reach Trump's first cut-off date on 9 July.

The revealing thing here, the poker "tell" if you like, is the extension of the deadline from Wednesday until 1 August, with a possibility of further extensions - or delays - to come.

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[–] JeeBaiChow@lemmy.world 4 points 1 week ago

Just watch him turn the screws on the first country that capitulates.