Odaily News U.S. Treasury Secretary Jeff Bessant said on Wednesday that the Trump administration is willing to extend the current 90-day tariff suspension beyond July 9 as long as major U.S. trading partners show "good faith" in current negotiations. The United States has 18 "important trading partners" with which the Trump administration is working to reach an agreement, Bessant said at a hearing of the House Ways and Means Committee in Washington. For those countries and trade groups "that are negotiating in good faith," such as the European Union, it is "very likely" that the United States will "extend the deadline to continue good faith negotiations." He also said, "If someone is not negotiating, then we are not negotiating." Trump administration officials have not yet indicated that they are willing to extend the tariff suspension if "terms of agreement" are not reached before the tariff suspension expires. Bessant's speech suggests that the Trump administration may be more inclined to change the deadline it set as the deadline approaches.

Odaily News OKX market data shows that SOL fell below 160 USDT and is now at 159.96 USDT, with a 24-hour drop of 2.36%. (This newsletter is generated by AI)

Odaily News OKX market data shows that ETH fell below 2800 USDT and is now at 2799.32 USDT, a 24-hour drop of 1.27%. (This newsletter is generated with the assistance of AI)

Odaily News According to Gokhshtein, the U.S. Senate has voted to advance the Genius Act, which aims to regulate crypto stablecoins.

Odaily News OKX market data shows that BTC fell below 109,000 USDT and is now at 108,973.4 USDT, a 24-hour drop of 0.24%. (This newsletter is generated with the assistance of AI)

Odaily News According to Onchain Lens monitoring, a newly created wallet withdrew 14,916 SOL (US$2.48 million) from Binance and bought 1.68 million FARTCOIN at a price of US$1.4.