US Edition
Trump Seeks Trade Deals with Deadline Approaching
UNITED STATES, JUL 30 – Trade deals with Japan and the European Union include investment promises exceeding US$1 trillion but lack binding commitments as tariff adjustments approach Aug 1, officials said.
- President Donald Trump announced a trade framework with the European Union on Sunday in Washington, imposing 15 percent tariffs on EU goods.
- The deal followed ongoing negotiations with Japan and talks with China, amid a deadline of August 1 to secure new trade terms with major partners.
- The EU agreed to buy $250 billion annually in U.S. energy and weapons, while the U.S. collected $27 billion in tariffs in June alone at record rates.
- Trump indicated that tariffs will be imposed broadly on nearly all countries, making it costly for those who wish to trade with the United States.
- The agreements reflect Trump's alternative trade approach but have drawn criticism and raise questions about long-term economic impacts and global trade stability.
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Coverage Details
Total News Sources45
Leaning Left11Leaning Right3Center18Last UpdatedBias Distribution56% Center
Bias Distribution
- 56% of the sources are Center
56% Center
L 34%
C 56%
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