White House hints at tariff deadline extensions amid ongoing trade negotiations

1 min read
Source: ABC News - Breaking News, Latest News and Videos
White House hints at tariff deadline extensions amid ongoing trade negotiations
Photo: ABC News - Breaking News, Latest News and Videos
TL;DR Summary

The White House indicates some countries negotiating in good faith may have tariffs delayed, depending on their concessions, as President Trump approaches a trade deal deadline. Experts like Larry Summers criticize the economic impact of recent tax cuts and safety net reductions, warning they could harm growth and increase inequality, despite optimistic claims from the administration.

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