US Edition
Where do trade talks stand in the rush to avert higher US tariffs?
- On July 4, 2025, U.S. President Donald Trump announced plans to send letters setting unilateral tariff rates to trading partners, with tariffs starting August 1.
- This announcement follows a 90-day tariff pause begun in early April, intended to allow trading partners time to negotiate reciprocal trade deals before July 9.
- Key partners including the European Union, Japan, India, South Korea, and Australia are still finalizing agreements amid uncertainties about tariff levels and deal specifics.
- Trump indicated that tariffs could fall anywhere between 10 and 50 percent, suggesting rates such as 30 or 35 percent, or another figure chosen by his administration, while von der Leyen emphasized that without an agreement, all measures remain possible.
- If no agreements emerge by July 9, higher tariffs will take effect, potentially escalating trade tensions and triggering EU retaliatory measures, while some partners express cautious optimism about future talks.
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Where Do Trade Talks Stand In Rush To Avert Higher US Tariffs?
As a Wednesday deadline approaches for steeper US tariffs to hit dozens of economies ranging from the EU to India, trade negotiations with President Donald Trump's administration are coming down to the wire.
·New Delhi, India
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ABC FOX Montana+43 Reposted by 43 other sources
Where do trade talks stand in the rush to avert higher US tariffs?
As a Wednesday deadline approaches for steeper US tariffs to hit dozens of economies ranging from the EU to India, trade negotiations with President Donald Trump's administration are coming down to the wire.
·Missoula, United States
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Coverage Details
Total News Sources54
Leaning Left3Leaning Right11Center15Last UpdatedBias Distribution52% Center
Bias Distribution
- 52% of the sources are Center
52% Center
C 52%
R 38%
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