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US Narrows Trade Focus to Secure Deals Before Donald Trump’s Tariff Deadline

  • The Trump administration is set to reinstate reciprocal tariffs on July 9 after a 90-day pause affecting multiple trading partners including the EU, Japan, and India.
  • This deadline follows months of complex negotiations aimed at narrower agreements to avoid harsher tariffs, with some trade talks slowed by disputes over agriculture, autos, and national security tariffs.
  • So far, only a limited trade deal with Britain has been finalized, while talks with India focus on protecting its basic agriculture sector amid U.S. demands for market access and tariff cuts.
  • Treasury Secretary Scott Bessent warned that the possibility of tariffs increasing next week is genuine, adding that if negotiations fail due to stubborn opposition, the tariffs might revert to the higher levels seen on April 2.
  • The approaching tariff deadline pressures countries to secure deals soon, but ongoing disagreements and uncertainties mean broader trade disputes and further tariffs could continue beyond the deadline.
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Global stocks mixed as markets track US trade deal prospects

Global stocks were mixed Tuesday as markets monitored congressional progress on Donald Trump's massive tax and spending legislation and weighed the prospects for US trade deals ahead of Trump's July 9 tariff deadline.

·Missoula, United States
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Indian Express broke the news in India on Monday, June 30, 2025.
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