Donald Trump announced that the US plans to notify around 150 countries of new tariffs within the next few weeks, while ongoing negotiations for trade deals continue. The Trump administration has recently scaled back tariffs to 10% on many trading partners, signaling a more conciliatory approach towards trade. A notable deal with the UK was established for tariff relief on steel and cars, while discussions are ongoing with the EU and other nations. Additionally, Latin American leaders have spent considerable amounts to hire lobbyists in Washington to advocate for various requests, showcasing the transactional nature of current US foreign relations.
The United States will send letters to approximately 150 countries over the next two to three weeks to inform them of new tariffs as trade deal negotiations continue.
Trump mentioned that while many countries desire trade deals, it is challenging to meet the demand, reflecting the complexities of international negotiations.
The administration is working on negotiations with several countries while simultaneously reducing tariffs from previously announced levels, aiming to strike new agreements.
Latin American leaders have invested millions in Washington lobbyists to advocate for favorable trade deals and assistance, revealing a growing transactional relationship under the Trump administration.
Collection
[
|
...
]