The deadline for the suspension of reciprocal tariffs is approaching. Besent: The next 72 hours will be very busy.

[The deadline for the suspension of reciprocal tariffs is approaching. Secretary Mnuchin: The next 72 hours will be very busy] As the deadline for the suspension of reciprocal tariffs approaches, U.S. Treasury Secretary Mnuchin stated on Sunday that the next 72 hours will be very busy. Mnuchin said that several major agreements are close to being reached, and important news will be announced in the coming days. He stated that if the countries receiving the tariff letters fail to reach an agreement, their exported goods will face the tariff rates from April again starting August 1. For weeks, Trump administration officials have been claiming that several agreements are imminent, but so far only a limited framework agreement with the UK, a small trade agreement with India, and an outline of an agreement with Vietnam from Trump have been made public. The latest statements from Trump and Mnuchin indicate that there are still uncertainties in the negotiations three days before the deadline, and reaching an agreement is not an easy task.