---
title: "Trump trade war: tariff deadlines and key upcoming events"
description: "The ongoing trade war initiated by U.S. President Donald Trump has led to over $34 billion in losses for companies due to tariffs and legal challenges. Key upcoming events include a U.S.-China deal on"
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/244095298.md"
published_at: "2025-06-11T13:43:36.000Z"
---

# Trump trade war: tariff deadlines and key upcoming events

> The ongoing trade war initiated by U.S. President Donald Trump has led to over $34 billion in losses for companies due to tariffs and legal challenges. Key upcoming events include a U.S.-China deal on June 11, 2025, a G7 summit from June 15-17, and various tariff deadlines in July that could significantly impact international trade relations. The situation remains fluid as negotiations continue, particularly with the EU regarding potential tariffs.

June 11 (Reuters) - The twists and turns in U.S. President Donald Trump’s tariff policies have not only rattled global financial markets but have also taken investors on a roller-coaster ride.

Companies are counting the cost of the trade war that is now being estimated at more than $34 billion in lost sales and higher expenses, a Reuters analysis showed.

Adding to the uncertainty are tariff-related legal challenges and Trump’s assertion that he would hammer out bilateral deals with trade partners, even though agreements remain elusive, save a pact with Britain this month.

Here’s a timeline for key upcoming events and dates that could have a bearing on the U.S. tariff policy:

June 11, 2025:

Trump

says

U.S. deal with China is done, with Beijing to supply magnets and rare earth minerals.

A White House official said the agreement allows the U.S. to charge a 55% tariff on imported Chinese goods, while China would charge a 10% tariff on U.S. imports. The deal is subject to final approval from President Trump and Chinese President Xi Jinping.

June 15-17: Trump will attend the annual summit of G7 nations in Canada. The summit will be hosted at the Rocky Mountain resort town of Kananaskis, Alberta, with tariffs expected to be a major topic of discussion.

July 8:

“Liberation Day” tariffs to take effect following the 90-day suspension period, potentially affecting imports from multiple countries.

July 9: Deadline for United States and the European Union to negotiate a deal to avert 50% tariff duty on all EU imports.

July 14: The EU’s 90-day pause on its own retaliatory tariffs to end.

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> **Disclaimer**: This article is for reference only and does not constitute any investment advice.