Pressure for Trump Trade Deals Ramps Up With Two Weeks to Go
Shipping containers at Felixstowe port in UK.
Photographer: Chris Ratcliffe/BloombergTakeaways by Bloomberg AI
Two weeks from President Donald Trump’s self-imposed deadline to reach deals with the US’s major trading partners, some of the most-watched talks aimed at clinching agreements to avoid higher tariffs are struggling to get over the finish line.
There’s a lot at stake: As of July 9, exporting nations without a bilateral accord in place will face Trump’s so-called “Liberation Day” tariffs that are much higher than the current baseline 10% level applied to most countries.