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Trade Talks: Trump Administration's Tariff Deals in Motion

  • On April 30, U.S. Trade Representative Jamieson Greer stated that the Trump administration anticipates reaching preliminary tariff agreements with certain trading partners in the coming weeks.
  • The administration focuses on targeted agreements aimed at increasing U.S. Export market access, lowering tariffs and non-tariff barriers, and enhancing economic security.
  • Greer highlighted that discussions with India continue but a deal is not imminent, no formal negotiations are underway with China, and he plans to meet representatives from several countries including those in East and Southeast Asia as well as the Middle East early next month.
  • He indicated that several agreements are nearing completion while stressing the importance of trading partners eliminating non-tariff obstacles, and noted the United States faces a $1.2 trillion trade deficit.
  • These agreements could improve American market reach and economic stability but may retain some tariffs until the trade deficit decreases, reflecting cautious progress in U.S. Trade policy.
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fmmundo.com broke the news in on Tuesday, April 29, 2025.
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