$ETH

United States Plans a New Framework for Trade Negotiations

According to Odaily, U.S. trade officials are preparing to use a new framework developed by the United States Trade Representative (USTR) to streamline negotiations on reciprocal tariffs. This framework outlines the main categories of discussion, such as tariffs, quotas, non-tariff trade barriers, digital trade, rules of origin, economic security, and other trade issues. Within these categories, U.S. officials will present specific demands to individual countries, although the document may be modified as needed.

Insiders indicate that the United States plans to enter negotiations with 18 major trading partners over the next two months. The initial plan involves rotating discussions with six countries each week over a three-week period, continuing this cycle until the deadline on July 8. If President Donald Trump does not extend the specified 90-day comment period, countries that fail to reach an agreement by the deadline will face reciprocal tariffs.