2025-06-03 10:30:09
Business
Economy

Trump's Tariff Deadline Fuels Global Trade Negotiations

President Donald Trump has set a firm deadline for global trade partners to present their proposals on tariffs and trade barriers. The United States is pushing for quick resolutions, as the tariff pause is nearing its end. Countries like the EU and China find themselves negotiating intensely to avoid potential penalties.

Trump's administration has urged partners to submit their best offers by Wednesday, aiming to finalize numerous deals rapidly. This urgency is seen as part of a broader strategy to reshape trade relationships, reduce deficits, and protect domestic industries. A notable focus is on tariffs, quotas, and non-tariff barriers concerning U.S. industrial and agricultural products.

Despite some progress, the U.S. has only secured agreements with a few partners, including a framework deal with the UK and a temporary tariff reduction with China. The EU, meanwhile, has threatened counter-tariffs, which could impact major U.S. technology companies like Apple and Google, raising tensions further.

As the deadline looms, the global economic landscape remains tense, with the U.S. pushing to conclude negotiations swiftly. This reflects a significant moment in international trade dynamics, driven by the Trump administration's assertive policies.

Frankfurter Rundschau
3. Juni 2025 um 07:37

Trump sets tough tariff deadline - and pushes numerous countries into negotiations

Trump sets a deadline for trade partners to submit offers on tariffs and trade barriers. The EU and other countries like China are affected. Trump wants quick solutions, as the tariff pause will soon end.
news_de
3. Juni 2025 um 07:51

Donald Trump: Compromises Demanded in Tariff Dispute - US President Applies Pressure Now

The Trump administration is intensifying trade pressure on its trading partners. They are demanding proposals for tariff and quota offers, as well as plans to eliminate trade barriers by Wednesday. The United States wants to quickly evaluate the offers and then present compromise proposals. A conversation between Trump and Chinese President Xi Jinping is also planned to ease the trade conflict. Trump's radical tariff policy is intended to boost the US economy but could also have negative conse..
DER SPIEGEL
3. Juni 2025 um 06:43

USA Apparently Pressuring Trade Partners in Tariff Negotiations - DER SPIEGEL

The US government is apparently exerting pressure on its trade partners by demanding quick proposals on how they intend to accommodate the US economy. The offers are to be evaluated within a few days, even though the announced 90-day pause will not end for several weeks. The US is currently negotiating with several countries such as the EU, Japan, and China to regulate tariffs and other trade barriers. Despite the ongoing negotiations, new US tariffs are reportedly set to take effect in one ar..
CW

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