As the July 9 deadline for potential tariff increases approaches, the White House has indicated that this deadline is ‘not critical’ and could be extended. Various officials, including the chair of the Council of Economic Advisers, have acknowledged that tariffs are likely to remain in place for the foreseeable future. There is growing pressure on President Trump to secure trade deals, especially as GOP members express concern over the lack of agreements. The uncertainty surrounding these negotiations has made trade partners cautious, with many hesitant to finalize deals. With only two weeks left until the deadline, the markets remain anxious as the administration deliberates potential extensions and responses to ongoing trade tensions.