US may extend tariff suspension ahead of July 8 deadline
THE United States may prolong its current pause on reciprocal tariffs, which is due to lapse next month, according to a White House spokesperson on Thursday.
Karoline Leavitt, speaking during a press briefing and cited by Yonhap news agency, said the decision is ultimately up to President Donald Trump. Her comments come as negotiations continue between Washington, Seoul, and other nations to reduce or prevent the potential effects of the planned tariffs.
'It might be extended, but that call lies with the president,' Leavitt noted.
The suspension, which temporarily halts 25% tariffs on South Korean imports, is scheduled to conclude on July 8. South Korea is actively seeking to finalise an agreement with the US before that deadline.
The reciprocal tariffs were first introduced by Trump on April 2, intended to match the trade levies other countries place on American goods.
Although the tariffs took effect on April 9, they were immediately put on hold for a 90-day period to allow room for diplomatic discussions. —June 27, 2025
Main image: AFP Pic
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