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Bessent says Aug. 12 China tariff deadline likely to be extended, talks planned in Stockholm
Treasury Secretary Scott Bessent on Tuesday said that he is likely to hash out an extension of President Donald Trump’s upcoming trade deadline with China when he meets with his Chinese counterparts in Stockholm, Sweden, next week. The two sides in mid-May agreed to a 90-day suspension of most of the heavy tariffs on each others’ goods while they continued trade negotiations. That suspension is set to expire on Aug. 12. But “we’ll be working out what is likely an extension” during talks in Stockholm on Monday and Tuesday, Bessent said in a Fox Business interview. “I think trade is in a very good place ... (full story)
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From goldpriceforecast.com | Jul 22, 2025
You know what’s happening on the precious metals market and in the USD Index right now? It’s difficult to believe when looking at the day-to-day price changes or when tracking the intraday moves, but generally… Nothing’s happening. At least nothing out of the ordinary given USD Index’s post-breakout pause.
BESSENT ON TARIFFS: WE'RE ABOUT TO ANNOUNCE A RASH OF TRADE DEALS IN COMING DAYS -FBN BESSENT ON TARIFFS AUG 1 DEADLINE: IS A PRETTY HARD DEADLINE BESSENT ON TARIFFS AUG 12 DEADLINE AND CHINA: WILL BE IN TALKS MONDAY AND TUESDAY BESSENT ON TARIFFS AUG 12 DEADLINE AND CHINA: WILL LIKELY WORK OUT AN EXTENSION
President Ferdinand Marcos, of the Philippines, is just leaving the White House, with all of his many Representatives. It was a beautiful visit, and we concluded our Trade Deal, whereby The Philippines is going OPEN MARKET with the United States, and ZERO Tariffs. The Philippines will pay a 19% Tariff. In addition, we will work together Militarily. It was a Great Honor to be with the President. He is Highly Respected in his Country, as he should be. He is also a very good, and tough, negotiator. We extend our warmest regards to the wonderful people of The Philippines! *TRUMP CUTS TARIFF ON PHILIPPINE GOODS TO 19% FROM 20%
