U.S. Imposes Time-Limited Requirement for Countries to Submit Best Trade Negotiation Proposals
On April 2, U.S. President Trump announced a broad "reciprocal tariff" aimed at countries around the world, causing a stir. On April 9, the Trump administration suspended the "reciprocal tariff" for most U.S. trade partners for a 90-day period, delaying the implementation of high tariffs until July 9.
According to Reuters, with only 5 weeks remaining until the "reciprocal tariff" restoration deadline, the Trump administration sent out an urgent letter requesting countries to "submit their best trade negotiation proposals by this Wednesday." It is reported that it is unclear which specific countries received this letter, but the targets include those countries such as Japan, Vietnam, and India, as well as the European Union, which are "actively negotiating."
