In 90 days, will Trump reach dozens of trade deals?

But the 90-day pause the American leader has given his tariffs “reciproke” gives the administration only three months to reach highly complex trade deals with dozens of countries, writes. Can.

Financial markets are not believing that. Stocks have suffered severe fluctuations as instability has increased significantly. And other markets are sending a clear message of deep suspicion that Trump will be able to carry out this plan.

Status by Friday: After a sharp drop in shares Thursday, markets appeared calmer at the moment and on Friday marked significant increases.

The Dow Index concluded the day with an increase of 619 points, or 1.56 percent. S&P 500 grew by 1.11 percent, and Nasdaq grew by 2.06 percent.

But warning signals continued to come from other markets, including oil, bonds, and the dollar. Investors are trading into a very uncertain situation, where any Trump's statement could cause either strong growth or sudden stock decline.

What is expected to happen?
Administration Trump voices optimism, saying dozens of countries have expressed interest in reaching an agreement. However, it is providing little detail for negotiations that may be under way, but has said it will favour allies like South Korea and Japan in the first place.

But trade deals are extremely complicated processes that are usually negotiated for years, not months.

China in the background
Even if Trump achieves agreements with all those countries in a short period, China has the world's largest exporter ʹ remains <x0-elephant in room”.

Beijing is involved in a revenge battle with Washington, with Trump not only excluding China from duty to tariff, but also raising tariffs to at least 145 percent.

Chinese leader Xi Jinping stated in his first public comments about the escalation of the trade war that he “has no fear of”, and has raised tariffs for American goods to 125 percent./Periscopi/