6 hours agoTrump's deadline for trade deals the world awaits on July 9th
Periskopi(a year ago)
(a year ago)The deadline set by US President Donald Trump for signing trade agreements with the United States expires on July 9th, creating great uncertainty in international markets. Trump had warned on April 2nd to set tariffs on many states, but later suspended the decision for three months after negative reactions [...]
Trump had warned on April 2nd the introduction of tariffs to many states, but later suspended the decision three months after negative reactions to global markets. Now, with the deadline approaching, only three states have reached free trade agreements with the US, including Vietnam, though details of this agreement have not yet been made public.
The situation remains unclear even for the White House itself. Trump has stated that “is not yet sure of the steps it will take after the deadline is expired, citing the possibility of extension for those countries that “negotiate with confidence”, or even the immediate setting of tariffs.
Furthermore, the president announced that he would send letters to world leaders within this week and warned possible tariff increases for countries that have failed to reach agreements with the US./Periscopi/
