Trump says at this point they're not going to extend the pause on tariffs and he's not looking for any more big deals he will "be sending lots of letters'. Note, Trumps goal of 90 deals in 90 days came up only 90 short. The letters will tell countries their new rate. Japan he says will probably get a higher rate because they haven't agreed to a deal.
Note, almost 5 weeks ago Trump said they had a deal with Japan and would be signing it any day.
So if you're like me and were hoping getting the crappy deal through would at least end the tariff nonsense, it won't.
Good thing Powell isn't caving the only safe haven right now is 4% CD's and high interest savings. If Trump gets the interest rates lower that will go away too