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

  • The Trump administration set a deadline of Wednesday, July 8, for trading partners to present their most competitive proposals as the 90-day suspension of U.S. Tariffs comes to an end.
  • This deadline follows a market revolt in early April over sweeping tariffs that triggered active talks with partners like the EU, Japan, Vietnam, and India.
  • The proposals sought from countries cover offers related to tariffs and quotas for American manufactured and farm products, measures to address non-tariff obstacles, as well as pledges concerning online commerce, national economic protections, and commitments tailored to individual nations.
  • According to a USTR draft letter, the administration will evaluate responses rapidly and may offer a possible landing zone including reciprocal tariff rates to conclude ongoing negotiations.
  • Despite ongoing litigation challenging tariff authority, the administration intends to continue the program using other legal bases, signaling urgency to reshape trade whilst stabilizing market uncertainty.
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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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Trump's trade team wants foreign nations to submit best trade proposals

(The Center Square) – President Donald Trump's trade team sent letters to foreign nations facing reciprocal tariffs seeking their best trade offers by Wednesday as the administration looks to make deals.

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