The United States Explores Alternative Trade Arrangements to Reduce Tariffs
AI Summary
According to Odaily, the Office of the United States Trade Representative announced on Friday that it is actively engaging with Japan and other countries to explore alternative reciprocal trade arrangements. These arrangements aim to eliminate or reduce the current tariff level of 10% imposed on most countries. A spokesperson for the office stated in an email that the discussions are substantive and technical. However, U.S. President Donald Trump will ultimately decide whether to proceed with any alternative arrangements.#TrumpNFT