Suggestions that more time to negotiate would lead to trade deals reportedly inspired President Donald Trump to delay the implementation of his reciprocal tariffs to Aug. 1.
Treasury Secretary Scott Bessent and other advisers told Trump they were making enough progress with several trading partners as the president’s previous deadline approached and more deals could be agreed to with additional time, The Wall Street Journal reported Wednesday.
The European Union and India were among the countries mentioned, the Journal added.
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