"The Trump administration has blown past a major tariff pause deadline with few concrete deals as multiple trading partners deal with electoral politics. Domestic politics complicate negotiations, impacting the progress towards trade agreements."
"China's influence and transshipment concerns add complexity to US trade deals. The 90-day tariff pause did not yield 90 announced trade deals, and President Trump ended up with only three tentative agreements."
The Trump administration's 90-day tariff pause did not result in the anticipated number of trade deals, yielding only three tentative agreements. Domestic political issues in various Asian countries complicate negotiations, impacting efforts to finalize agreements. Trade experts note that the unpredictability and escalation of tariffs may be diminishing leverage rather than enhancing it. Concerns about China's influence and transshipment also add complexity to US trade relationships. Countries like Korea face legislative challenges that could hinder the entry of US tech companies into their markets.
Read at Business Insider
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