Trump warns tariffs will increase for countries taking advantage of US.

Trump warns tariffs will increase for countries taking advantage of US.

Title: Trump Warnings Tariffs Will Increase for Countries Taking Advantage of US

President Donald Trump has issued a stern warning that tariffs will increase for countries that take advantage of the United States. This comes amidst ongoing trade negotiations and the looming deadline for several key countries to secure trade deals with the U.S.

Trump’s latest statements, made during an unrelated event at the White House, highlighted the U.S.'s resolve to protect its economic interests. The President noted that the U.S. has already reached a significant milestone in its trade deal with China, with tariffs on Chinese imports set to start at 30% and China's tariffs on U.S. imports at 10% [2]. This trade framework, confirmed by both sides, marks a significant step toward stabilizing trade relations between the U.S. and China, which had previously lapsed into feuding.

The U.S. administration has also indicated a willingness to extend the July 9 tariff deadline for countries that are negotiating in good faith. Secretary of Commerce Howard Lutnick has stated that the U.S. could complete major trade agreements with 10 key trading partners by Labor Day, including Thailand, the EU, and others [3]. This flexibility in the deadline comes as the U.S. seeks to secure favorable trade terms and protect American interests.

Thailand, a key exporter in Southeast Asia, is one of the countries actively negotiating with the U.S. The Thai Finance Minister, Pichai Chunhavajira, is set to visit Washington in the coming week to finalize negotiations. Thailand is aiming to secure a trade agreement that could reduce its tariff rates to a minimum of 10% [3]. This is part of the broader U.S. strategy to reshape global trade rules, with the threat of tariffs and direct negotiations serving as leverage.

The EU, another major trading partner, is also in the midst of negotiations. Trump has threatened to impose a 50% tariff on EU goods if a deal is not reached by the July 9 deadline. Despite this threat, the EU is prepared to conclude a trade agreement, with European Commission President Ursula von der Leyen emphasizing the need to protect European interests [3].

These developments underscore the U.S.'s determination to secure favorable trade terms and protect its economic interests. As trade negotiations continue, the U.S. will likely employ a mix of tariffs, direct talks, and accelerated bilateral agreements to achieve its goals. Countries that fail to reach an agreement may face increased tariffs and potentially lose preferential access to the U.S. market.

References
[1] https://www.nj.com/sports/2025/06/trump-tariffs-hit-nike-hard-force-surgical-price-increase-on-consumers.html
[2] https://finance.yahoo.com/news/live/trump-tariffs-live-updates-trump-says-us-china-framework-signed-as-bessent-targets-labor-day-for-key-deals-200619915.html
[3] https://www.cryptopolitan.com/thailand-seeks-lower-tariffs/