Countries race to seal U.S. trade deals as deadline looms
“Countries engaged in what Washington views as productive discussions may get their deadline extended. Court challenges to Trump’s legal authority for tariffs have provided an added element of uncertainty for companies that have spent the past 10 weeks either frontloading orders or hoping his threats of higher import taxes are just a negotiating tactic.”
[Bloomberg]
Canada threatens higher tariffs on U.S. steel, aluminum
“Carney stated that he had reached a mutual agreement with Trump to aim for a new economic and security deal by July 21. He emphasized that, based on the progress achieved in the trade negotiations, Canada would modify its existing counter-tariffs on U.S. steel and aluminum products by that date.”
[Big News Network]
S. Korea trade chief expects talks with U.S. to gather momentum in coming weeks
“Seoul, which has a free trade deal with Washington, has been seeking a waiver from all fresh U.S. tariffs, though authorities have told Reuters that it would be challenging to achieve.”
[Reuters]
India prioritizes national interest in U.S. trade talks, trade ministry source says
“India is resisting U.S. demands to open its markets for wheat, dairy and corn imports, while offering lower tariffs on high-value U.S. products such as almonds, pistachios and walnuts.”
[Reuters]
Malaysia signs economic partnership pact with European Free Trade Association
“The agreement covers goods, services, investments, intellectual property rights, customs facilitation, competition policy, sanitary and phytosanitary, trade and sustainable development, government procurement, and economic cooperation.”
[Bernama]
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