Trump wants nations’ best offer by Wednesday in tariff talks


Reports: Trump administration wants nations’ best offer by Wednesday in tariff talks - draft of request.

The Trump administration wants nations to give their best offer on trade discussions by Wednesday as officials look to speed up talks with multiple partners ahead of a self-imposed deadline in just five weeks, according to a draft letter to negotiating partners. The US is asking nations to list their best proposals in a number of key areas, including tariff and quota offers for the purchase of US industrial and agricultural goods and plans to rectify any non-tariff barriers.

The Trump administration has set a Wednesday deadline for countries to submit their best trade proposals, as outlined in a draft letter from the U.S. Trade Representative’s office. This push aims to accelerate negotiations with multiple trading partners before a self-imposed July 8, 2025, deadline, following a 90-day tariff pause initiated on April 9, 2025. The U.S. is requesting detailed offers on tariff reductions, quotas for American industrial and agricultural goods, and measures to address non-tariff barriers, with evaluations to follow swiftly to propose reciprocal tariff rates. This urgency comes amid stalled talks, with only a preliminary U.K. deal secured, while tensions persist with China, as confirmed by Treasury Secretary Scott Bessent and National Economic Council Director Kevin Hassett in weekend interviews.

Impact: Dow got some boost on hopes of Trump trade deal progress





Popular posts from this blog

Gold wobbled on Trump tariff confusion on Swiss Gold (39%)

Is Trump playing the YCC game, targeting Powell and tariffs?

TCS slid on Trump tariffs and AI disruptions; what’s next?