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The Trump administration wants countries to offer their best offer on commercial negotiations on Wednesday while managers seek to accelerate talks with several partners before a self-imposed deadline in just five weeks, according to a letter to the negotiation partners seen by Reuters.
The project, from the office of the US trade representative, provides a window on how President Donald Trump plans to put close negotiations without handling with dozens of countries that started on April 9 when he interrupted his “Liberation Day” price For 90 days until July 8 after the shares, the bond and monetary markets revolted on the radical nature of the samples.
The document suggests an emergency within the administration to conclude agreements against its own tight deadline. While managers such as the White House economic advisor, Kevin Hassett, have repeatedly promised that several agreements were being completed, so far, only one agreement has been concluded with a large American trading partner: Great Britain. Even this limited pact is more like a framework for current talks than a final agreement.
In the project, the United States is asking countries to list its best proposals in a number of key areas, including tariff and quotas for the purchase of American industrial and agricultural products and plans to remedy all non-tariff barriers.
The other elements requested include commitments to digital trade and economic security, as well as specific commitments to the country, according to the letter.
The United States will assess the responses in a few days and offer “a possible landing zone” which could include a reciprocal rate rate, depending on the letter.
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We did not know which countries would receive the letter, but it was addressed to those who have active negotiations which included meetings and exchanges of documents. Washington has embarked on such discussions with the European Union, Japan, Vietnam and India, among others.
An USTR official said commercial talks were underway. “Productive negotiations with many key business partners are continuing at a rapid rate. It is in the interest of all parties to make the point of progress and to assess the next steps. ”
The White House press secretary Karoline Leavitt confirmed on Tuesday that the letter was authentic and said that the administration was on the right track to conclude good commercial offers.
“This letter should simply remind these countries that the deadline is approaching and that the president expects good deals,” she told journalists during a briefing.
“The president was very direct to our business partners in his conversations with them and with foreign leaders directly, that they must conclude agreements with the United States of America.”
Expected offers “regardless of the current dispute,” said USTR
Tiffany Smith, vice-president of world trade policy at the National Foreign Trade Council, praised the movements of the USTR.
“We are encouraged that the USTR advances negotiations as quickly as they can,” she told Reuters, adding that commercial transactions that have removed obstacles for American companies abroad and reduces American rates would be “a winner-win if they are made in a way that returns predictability and stability of commercial relations”.
Trump’s ambitious and often frantic pricing policy is a pillar of its “America First” economic program while it seeks to reshape US trade relations, reduce trade deficits and protect American industries. Republican legislators are also betting on prices to add to federal income and compensate for the cost of legislation on tax reductions which make its way through the congress.
Trump’s pricing policies took investors during a roller coaster tour. In May, American actions organized their biggest rally of every month since November 2023, but it was after the world clues had crushed under the Trump’s pricing announcements dam until February, March and early April.
Actions changed little on Monday afternoon after Trump announced a surprise double the prices on steel and aluminum imports on Friday during an event in Pittsburgh.
Meanwhile, the legality of the approach used to impose the most scanning of its prices has been questioned.
Last Wednesday, the International Commerce Court judged that Trump had exceeded his authority of prices designed under the international law on emergency economic powers, including the levies of the “Liberation Day” and the most previous imposed on the goods of Canada, Mexico and China linked to the accusations of Trump according to which the three countries facilitated the flow of fentanyl in the United States in the United States in the United States in the United States in the United States in the United States in the United States
Less than 24 hours later, a court of appeal temporarily interrupted this decision. Prices at the center of the legal dispute should remain in force as the case takes place.
The project of letter to trade partners warns them not to believe that the prices will be sidelined if the court governs the use by Trump of the IEEPA.
“Regardless of the current disputes concerning the President’s reciprocal tariff action in the American courts, the president intends to continue this pricing program in accordance with other robust judicial authorities if necessary, it is therefore important that we are continuing our discussions on these questions,” said the project.
