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Labrish
Nyuuz
Trump Dumps Trade Truce for Fresh Tariff Showdown
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[QUOTE="Munyaradzi Mafaro, post: 36066, member: 636"] Trump says he might not extend the pause on his worldwide tariffs when it runs out in July. US trade officials want to start talks based on a new plan before that happens. They created a system that groups trade issues under several main headings, such as tariffs, regulations, digital trade rules, product origins, and security concerns. The plan lets officials make different demands for each country they talk to. About 18 major trading partners will have negotiations, with six countries meeting each week until the July 8 deadline. Mexico, Canada, and China will face separate talks outside this system. Countries without agreements when time runs out will see tariffs return. Expert Ashraf Patel calls this a response to public anger over the first round of tariffs. He believes Trump backed down because consumers disliked these taxes. The new approach offers more room for countries to make deals with America. Patel notes that with global trade rules breaking down, countries must make one-on-one agreements instead. [/QUOTE]
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Trump Dumps Trade Truce for Fresh Tariff Showdown
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