Latest news with #JulyDeadline
Bloomberg
9 hours ago
- Business
- Bloomberg
EU Frets Over US Demands in Trade Talks It Sees as Unbalanced
The US is demanding the European Union make what the bloc's officials see as unbalanced, unilateral concessions as part of ongoing trade talks, setting up a tough decision over whether to move ahead with countermeasures if the terms of any deal don't improve. The best-case scenario remains an agreement on principles that would allow the negotiations to continue beyond an early July deadline, according to people familiar with the matter.
Bloomberg
08-06-2025
- Business
- Bloomberg
US Trade Team Said to Extend India Stay as Talks Gather Momentum
A US trade team that's currently in India for negotiations has extended its stay, according to people familiar with the matter, in a sign talks are progressing ahead of a July deadline. The team, which was initially scheduled to hold talks with Indian officials on June 5-6, will now be staying till Tuesday to continue discussions, the people said, asking not to be identified because the information isn't public. Most of the issues may get finalized within a week, the people estimated.
Bloomberg
23-05-2025
- Business
- Bloomberg
US Tariff Countdown Has Nations Racing to Turn Talks Into Deals
Halfway through President Donald Trump's 90-day freeze on his so-called reciprocal tariffs, a persistent gripe from businesses, consumers and governments facing them is severe uncertainty. The next 45 days may not provide much relief from the fog. Trump himself has indicated that talks won't lead to agreements for every nation before the July deadline, saying that 150 countries 'want to make a deal' but that many will be assigned their tariff level. Treasury Secretary Scott Bessent said 'if they're not negotiating in good faith, they are going to get a letter saying 'here is the rate.''
