📍The administration of U.S. President Donald Trump wants countries to submit their best offers regarding trade negotiations by Wednesday, as officials seek to expedite talks with multiple partners ahead of the deadline set for July 8, 2025, according to a draft letter to negotiating partners reviewed by Reuters
📍The draft, prepared by the Office of the U.S. Trade Representative, provides insight into how President Donald Trump plans to conclude the arduous negotiations with dozens of countries that began on April 9 when he suspended the imposition of 'liberation day' tariffs for 90 days until July 8 after stock, bond, and currency markets reacted to the sweeping nature of the tariffs
📍The document indicates an urgent need within the administration to finalize deals under a tight deadline, and while officials, such as White House economic advisor Kevin Hassett, have repeatedly promised that many agreements are close to completion, only one agreement has been reached with the United Kingdom, the United States' main trading partner, and even this limited agreement was more of a framework for ongoing talks than a final deal
🇾🇪🇾🇪🇾🇪🇾🇪🇾🇪
