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US pushes countries for best offers by Wednesday as tariff deadline looms

  • The Trump administration is urging trading partners to deliver their strongest proposals for negotiations by Wednesday as officials work to finalize agreements before the July 8 tariff deadline.
  • This push follows a 90-day pause on the so-called 'Liberation Day' tariffs that began April 9 amid market backlash and legal challenges.
  • The U.S. Trade Representative's draft letter invites countries to submit their top proposals, including offers on tariffs and quotas for U.S. Industrial and agricultural goods, strategies to address non-tariff obstacles, and pledges related to online commerce and economic protection.
  • Only one agreement was reached, a limited framework deal with Britain, while talks continue rapidly with the EU, Japan, Vietnam, and India, despite ongoing tariff litigation.
  • The administration aims to complete deals by its self-imposed deadline and plans to maintain tariffs under alternative legal authorities if court rulings impede current measures.
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US President Donald Trump stated that until Wednesday countries will be able to present their best trade offers to avoid massive reciprocal tariffs that will enter into force on July 8.

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Nikkei broke the news in Japan on Monday, June 2, 2025.
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