U.S. pushes countries for best offers by Wednesday as tariff deadline looms
“In the draft, the U.S. is asking countries to list their best proposals in a number of key areas, including tariff and quota offers for purchase of U.S. industrial and agricultural products and plans to remedy any non-tariff barriers. Other requested items include any commitments on digital trade and economic security, along with country-specific commitments, according to the letter.”
[Reuters]
Trump’s ambassador predicts Canada trade deal — with a catch
“Based on remarks from both countries, it sounds like Ottawa and Washington envision trade talks happening in two phases. They’re now discussing a deal to resolve a limited set of grievances, then, in several months, plan to start working on an update to the broader Canada-U.S.-Mexico pact.”
[CBC]
China counters Trump’s accusations of Geneva trade deal violations
“China on Monday refuted Washington’s claims that it had broken the Geneva trade agreement, instead accusing the U.S. for breaching deal terms, signaling talks between the world’s top two economies have taken a turn for the worse.”
[CNBC]
EU warns it could accelerate retaliatory tariffs over U.S. duties
“The EU has approved tariffs on €21 billion ($24 billion) of US goods in response to Trump’s metals levies that can be quickly implemented. … The bloc is also preparing an additional list of tariffs on €95 billion of American products.”
[Bloomberg]
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