The president noted that U.S. negotiators remained open to offers from trading partners, suggesting that tariffs could be reduced by — or even after — the deadline on Aug. 1.

Wall Street on Tuesday fluctuated just under record levels as uncertainty over trade developments again put pressure on sentiment, a day after a broad sell-off. U.S. President Donald Trump said there would be no extension to the August 1 deadline for reciprocal tariffs to come into effect after sending trade letters to several countries,