The Trump administration is accelerating trade negotiations with multiple countries, demanding their best offers by Wednesday. This urgent push comes as officials race against a July 8 deadline—just five weeks away—when temporarily paused tariffs are set to resume. The administration suspended these “Liberation Day” tariffs for 90 days starting April 9 after financial markets reacted negatively.
A draft letter from the US Trade Representative’s office asks countries to submit proposals covering tariffs, quotas, digital trade, and economic security. Despite promises of progress, only Britain has reached an agreement with the US so far, and even that deal is more of a framework than a final agreement. The US plans to quickly evaluate responses and suggest possible compromise positions.