US Edition
What Is the Status of US Tariff Negotiations?
- The United States is preparing to raise reciprocal tariffs from 10% to higher rates on dozens of economies starting August 1, 2025, amid ongoing trade negotiations in Washington, D.C.
- The tariff hikes follow multiple postponements since their initial announcement in April and arise amid complex talks with key partners including Canada, South Korea, India, and the European Union.
- During talks on July 24 with U.S. Commerce Secretary Howard Lutnick, South Korea presented a comprehensive plan involving significant investments in American shipbuilding, titled "Make American Shipbuilding Great Again," aiming to prevent the imposition of a 25% tariff.
- On July 27, the U.S. and EU agreed on a 15% tariff for most EU goods, down from the initially threatened 30%, with some officials expecting agricultural and spirits products to be exempted, benefiting major alcohol exporters.
- The approaching August 1 deadline risks triggering higher duties on exports from Mexico, Canada, Brazil, and others, where leaders express efforts to avert tariffs but political tensions and legal disputes make last-minute deals uncertain.
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Coverage Details
Total News Sources65
Leaning Left7Leaning Right12Center11Last UpdatedBias Distribution40% Right
Bias Distribution
- 40% of the sources lean Right
40% Right
L 23%
C 37%
R 40%
Factuality
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