#TariffsPause

Negotiating trade agreements between countries typically takes much longer than the 90 days provided by the U.S. administration.

Fine-tuning these agreements can span several years.

Therefore, concluding negotiations with all countries within three months seems highly improbable. This appears to be an attempt by the U.S. to secure funds to address the deepening national debt and to shift manufacturing back to America.

If successful, this process would still take years. Moreover, an insensitive approach toward other countries could backfire, leading to isolation and undermining the intended objectives.

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The suspension of tariffs has provided temporary relief to markets and opened avenues for negotiation. However, without swift agreements, the reimplementation of tariffs could lead to significant economic challenges. The situation remains uncertain and will depend on the outcomes of ongoing negotiations.

Scope of Talks: The U.S. has initiated discussions with 18 key trading partners, including the European Union, the United Kingdom, and India, aiming to reach agreements by July 8, when the 90-day suspension expires. (President Trump Announces Then Suspends Reciprocal Tariffs ...)

China's Position: China remains excluded from the tariff suspension and faces a 145% tariff on its exports. Beijing denies active negotiations with the U.S. and has imposed retaliatory tariffs of 125% on American goods. (Trump says if the US still has high tariffs a year from now, it would be a 'total victory', Covid-like shortages for US consumers 'within weeks')

Future of Tariffs: President Trump has indicated that further extensions of the tariff suspension are unlikely, increasing pressure to finalize deals promptly.