The Trump administration has set a firm August 1 deadline for imposing sweeping new tariffs on dozens of countries, including major partners like the EU, China, and Japan. Commerce Secretary Howard Lutnick and Treasury Secretary Scott Bessent have repeatedly emphasized that there will be no extensions or grace periods, marking a shift from previous delays. The U.S. is demanding that the EU and other partners open their markets to American exports to avoid tariffs as high as 30-50%. While some progress has been made in talks with Japan and the EU, the administration insists that deal quality is more important than speed. The looming tariffs are expected to have significant impacts on global trade, prices, and economic growth.
इस आम चर्चा का उत्तर देने वाले पहले व्यक्ति बनें।
