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US President Donald Trumps 90-day tariff break It ends next week and his leadership did not earn much on the fronts of the deals. In fact, his leadership, if the United States is intended to return to the so-called tariffs, presented a trade contract on July 9.
Tuesday, Trump He told reporters In order to be interested in the extension of the deadline for the talking, letters will be sent to the extension of the deadline and declared the tariff rates to “many countries.”
Again, the officials of the departments will open more deals in the coming days, US Trade Secretary Howard Lutnick clearly announced offers last week There was 10 deals to go. (Not shown what countries are ready to sign a trade contract.) Director of the National Economic Council Kevin Hassett, said that trading deals will be announced after July 4 vacation.
On April 2, Trump Struck up the dick tariffs In the rest of the world, the rest of the world took a week after a week. US trading partners spent the last three months in the angry talks that try to reduce these tariffs, but so far they have alloted it.
So far, leadership has signed a trade agreement with the UK and China with the “Trade Agreement” (only brings tariffs to “Freedom Day”
To go on a week to go until the tariffs return, where everything is in trade talks with Washington.
Japan
Negotiations between the United States and Japan hit a roadblock: 25% tariff application of Trump’s cars. Japan is the automotive industry fourth Contributing about 3% of the country’s GDP in the world and run one in eight. The United States is Japan’s largest car export market Third of its total production.
Automatic tariffs “not something we can accept”, Japan’s chief discussion Ryosei Akazawa spoke to journalists last Thursday. He said there were akazava talks without any resolution on auto tariffs “stayed in the fog”
Japan, at the same time, 24% in exports, as well as 50% tax in steel and aluminum.
Still, Trump, especially in Japan and Sunday, Trump seems to be annoying about a long-running trade surplus complained One-sided car trade was “not fair”, “Japan offered to get more US fat to close the deficit cavity. He repeated his complaints on Tuesday, To call Japan “Hard” and “spoiled” to reporters.
South Korea
South Korea hopes to exempt from all US tariffs to 25% of the export tariffs, including 25% tariffs in cars and 50% of steel and aluminum tariffs.
Korea’s leading trade host Yeo Han-Koo, Lutnick and the United States Trade Representative Jamieson Greer met with Jamieson Greer, will start talks last Monday. All sides soon confirmed the contract and approved the obligation to move the US ambassador to South Korea, Yusuf Yun, last week New Free Trade Agreement (FTA) can be in jobs between South Korea and the United States.
Trade, the newly selected South Korean President Lee Jae-MyUnung is the first big problem that started to post a voice after a voice election in the beginning of this month. In itself Boot addressLee called “rising protection” called “danger to us very much.”
Korean talks do not seem optimistic that they will meet with the last date of July 9 A Korean official reporters We will try to seek Seoul an extension on Monday.
India
There was both the United States and India expressed initial optimism One of the first countries that will be able to sign a contract for trade, which began negotiations with India and the United StatesIn April. Nevertheless no agreement has been announced so far. India currently encounters 26% “mutual” tariff in exports to the United States
There are Indian officials was reported to hesitant To reduce their tariffs about agricultural products that can market US products. Agriculture is India The largest employment sectorby about half of the population working in agriculture.
India hopes to take advantage of the supply chains moving outside of China. Companies like Apple and Foxconn We invest in To diversify both supply chains in Indian factories and potentially, to prevent our tariffs in Chinese goods. Still Trump criticized Apple’s attempts to make iPhons in India Requires smartphones Should be done in the US
The US President has yet said remain optimistic A deal comes. On Tuesday, the United States offered to “enter and compete” in India soon. If New Delhi opens his market, “We will get a deal for less tariffs,” he said.
Southeast Asia
Southeast Asian countries have reached a number of steep tariffs on April 2, and others reached 49%. Several countries in the region are in a hurry to ensure the interests of the leaders, relying on US exports to growth, promising to increase To try to agree with Washington, US goods have their own imports.
Prime Minister of Vietnam Pham Minh Chinh gossip Last week he could be made in conjunction with the United States before the deadline that he was confident in the “positive” trade deal. (Vietnam currently faces 46% of US border exports.)
Indonesia and Malaysia– 32% and 24% Tariff rates, 32% and 24% Tariff rates also expressed this optimism, said that Tariff Pause will be able to achieve the result of the next week.
It is less sure about the condition of Thai trade talks. Thailand Finance Minister Pichai Chunhavajira came to the United States to start meeting on Monday and said This hopes for negotiations Will be extended on July 9.
