'We can do whatever we want': Trump sows confusion on his summer tariff timeline

Source: Yahoo! Finance

'We can do whatever we want': Trump sows confusion on his summer tariff timeline

Ben Werschkul·Washington Correspondent
Updated Fri, June 27, 2025 at 4:56 PM EDT·6 min read

The market's task of planning for how tariff developments will play out this summer got more complicated Friday as President Trump and his team offered a host of options for what to expect in the months ahead.

First, Treasury Secretary Scott Bessent raised eyebrows when he suggested that his focus could be on an end-of-summer deadline, saying, "I think we could have trade wrapped up by Labor Day."

But any hopes for a summer lull between now and then were short-lived when, just a few hours later, Trump offered multiple other scenarios during a wide-ranging press conference.

At one point, the president reiterated his plan to send letters to dictate tariff rates for at least some countries, perhaps as soon as next week, saying, "It's going to go very quickly."

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