One of Trump's top economic advisors, Stephen Miran, stated that tariffs are here to stay, with some countries facing higher tariffs based on negotiation willingness.
Miran mentioned the July 9 tariff deadline, where countries could see either lower tariffs or a return to higher 'Liberation Day' levels.
The Trump administration might extend the tariff deadline for countries showing progress and negotiating in good faith.
The focus remains on using tariffs to boost American product sales in international markets, with potential benefits for companies and individuals.