Sun Jun 29 21:52:25 UTC 2025: Here’s a summary and a news article based on the provided text:
**Summary:**
U.S. President Donald Trump announced he does not intend to extend a 90-day pause on tariffs affecting most nations beyond the July 9th deadline. He stated that countries will face trade penalties unless they reach deals with the U.S. Letters will be sent out soon notifying countries of potential tariffs ranging from 10% to 50%, based on how they “treat” the U.S. Trump also mentioned a potential deal for TikTok, suggesting he may need China’s approval. He did not disclose details about the potential buyers, promising more information in two weeks. He also briefly touched upon relations with China, strikes on Iran, and his immigration crackdown.
**News Article:**
**Trump Threatens Tariffs as Trade Deal Deadline Looms**
*Washington, D.C. -* U.S. President Donald Trump has declared that the temporary pause on tariffs affecting most nations will not be extended beyond the July 9th deadline, setting the stage for potential trade penalties unless countries reach agreements with the United States.
In an interview aired on Fox News Channel’s “Sunday Morning Futures,” Trump stated that his administration will soon begin sending letters to countries, informing them of possible tariffs ranging from 10% to 50%. The level of the tariff will be determined based on how the U.S. perceives a country’s trade practices.
“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 stated.
The announcement comes despite ongoing negotiations and Trump’s earlier acknowledgment of the difficulty in reaching separate deals with nearly 200 countries within the 90-day timeframe.
Beyond trade, Trump also discussed the potential sale of TikTok, suggesting that China’s approval may be necessary for any deal to proceed. He alluded to “a group of very wealthy people” interested in acquiring the social media platform but offered no further details, promising an update in approximately two weeks. This follows an executive order signed earlier this month granting TikTok a 90-day extension to secure American ownership.
The President also touched upon broader foreign policy issues, including relations with China, recent strikes on Iranian nuclear sites, and his administration’s immigration policies.
The impending tariff deadline and the ongoing negotiations surrounding TikTok underscore the Trump administration’s assertive approach to international trade and foreign policy. The global economic impact of these decisions remains to be seen.
First Piper 