EU leaders mull new U.S. trade proposals ahead of Trump tariffs deadline
“European leaders were meeting to decide whether they want to push for a quick trade agreement or keep fighting for a better deal, with the EU's two biggest economies apparently at odds.”
[France24]
Canada rescinds digital services tax to advance stalled U.S. trade talks
“Canadian Prime Minister Mark Carney and U.S. President Donald Trump will resume trade negotiations in order to agree on a deal by July 21, Canada's finance ministry said in a statement.”
[Reuters]
South Korea says seeking extension to U.S. 90-day tariff pause
“During the talks last week, the U.S. mainly raised issues related to South Korea's non-tariff barriers, as South Korea already imposes nearly zero tariffs on U.S. imports under a free trade agreement, the official said.”
[Reuters]
India, U.S. push for early harvest deal before 9 July tariffs
“The immediate objective of the talks is to resolve key bilateral trade differences and secure an interim pact that will pave the way for a more comprehensive Bilateral Trade Agreement (BTA) by September-October 2025. Once the initial deal is concluded, both countries intend to proceed with discussions on a full-fledged Free Trade Agreement (FTA) aimed at doubling bilateral trade to $500 billion by the year 2030.”
[National Herald]
Amid tariff deadline, Bangladesh urges fairer deal with USTR
“The Bangladesh government has recommended that reciprocal tariffs be capped at a maximum of 10%, countering a US proposal that implied Bangladesh must adopt American trade laws – something officials say is not permissible under international trade norms.”
[The Business Standard]
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