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Trump Reveals Next Steps For Trade Deals As Tariff Deadline Looms
Forbes Breaking News
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6/12/2025
Last night, President Trump discussed the next steps in his efforts to secure trade deals as the tariff deadline looms.
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00:00
The Press on trade, would you be willing to extend the deadline for trade talks with these countries?
00:06
I would, but I don't think we're going to have that necessity.
00:10
We made a great deal with China. We're very happy with it.
00:13
We have everything we need, and we're going to do very well with it, and hopefully they are too.
00:20
That was a very big one. As you know, we did with the U.K., and I tell you what, we are rocking in terms of deals.
00:29
Now, at a certain point, we're just going to send letters out, and I think you understand that, saying this is the deal.
00:36
You can take it or you can leave it. You don't have to use it. You don't have to shop in the United States, as I said.
00:43
So at a certain point, we'll do that. We're not quite ready.
00:45
We're dealing with quite a few countries, and they all want to make a deal with us, every one of them.
00:50
Who's next? Who are you expecting you to deal with next?
00:52
Well, we're dealing with Japan. We're dealing with South Korea. We're dealing with a lot of them.
00:56
We're dealing with about 15 countries, but as you know, we have about 150-plus, and you can't do that.
01:03
So we're going to be sending letters out in about a week and a half, two weeks, to countries, telling them what the deal is, like I did with EU.
01:12
And are you happy with the EU right now? You were unhappy with them about 10 days ago.
01:16
Well, I'll let you know in about a week. They do want to negotiate. I will say that. Thank you.
01:20
We are.
01:23
We are.
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