US EditionWhere do trade talks stand in the rush to avert higher US tariffs?
- The U.S. administration plans to start imposing unilateral tariffs on trading partners from August 1, after a July 9 deadline for deals lapses in Washington, D.C.
- The tariffs follow a 90-day reprieve begun April 2, during which the U.S. sought trade agreements with economies including the EU, Japan, and Vietnam.
- EU-U.S. talks remain unsettled despite intense discussions, with Ursula von der Leyen confirming no final deal but seeking a 'good and ambitious transatlantic trade deal'.
- Tariffs are proposed to range from a starting point of 10% up to as much as 50% on certain EU products, while Mr. Trump indicated that he is leaning toward issuing a formal letter outlining the tariffs.
- If no agreements emerge, tariffs will start, raising chances of retaliatory EU measures and economic imbalance persisting into the future trade relationship.
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Europe and US to seek to avoid return of steep tariffs in weekend of last-ditch trade talks
European Union and United States negotiators will hold final stretch talks through the weekend as Brussels chases a deal before a July 9 deadline to avoid the return of steep tariffs, diplomats said on Friday, July 4.
·Paris, France
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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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Total News Sources61
Leaning Left5Leaning Right11Center15Last UpdatedBias Distribution48% Center
Bias Distribution
- 48% of the sources are Center
48% Center
L 16%
C 48%
R 35%
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