Trump does not expect to extend tariffs deadline beyond July 9th

As the tariff pause deadline set by President Donald Trump looms, the U.S. leader is now hinting that there will not be an extension beyond July 9 when the negotiating period for countries expires.

Our Kim Bo-kyoung starts us off.

With just over a week to go before the 90-day extension on tariffs ends, President Donald Trump said he does not expect a further extension. and said his administration will soon send notifications to countries.

"But we're going to be sending letters out (to countries) starting pretty soon. Listen, what we're gonna do is we're going to send and we will say, congratulations, we're allowing you to shop in the United States of America. You're going pay a 25% tariff or a 35% or a 50% or 10%."

The U.S. president was speaking in an interview with Fox News, which was taped Friday and broadcast Sunday.

His words suggest that a reciprocal tariff of up to 50 percent could be unilaterally imposed, while certain countries will have a basic tariff of 10 percent imposed on them.

He mentioned Japan as well, saying a letter could be sent to Tokyo.

Trump emphasized that it is "unfair" that Japan does not import many U.S. cars while the U.S. imports millions of Japanese cars.

When it was put to him that American car manufacturers do not want Japanese and Korean car companies to face lower tariffs than they do, he said that would not happen, adding that U.S. carmakers are too busy selling cars in America to even worry about it.

Meanwhile, South Korea's top trade negotiator, Yeo Han-koo, who returned on Sunday from a week-long trip to Washington for the first trade talks under the new Lee administration, said a certain level of trust has been built to accelerate negotiations.

According to Yeo, after he met U.S. Trade Representative Jamieson Greer and Commerce Secretary Howard Lutnick, Washington again showed interest in Korea's participation in the Alaska LNG project.

"Under the new administration, a channel for conducting negotiations with the U.S. has now been established. As for the Alaska project, the U.S. has continued to show strong interest and hopes that Korea will participate."

He added that Seoul will seek the most suitable approach for the country's national interest, while closely monitoring the political and economic developments in the U.S.

Kim Bo-kyoung, Arirang News.