President Donald Trump has set a firm August 1 deadline for imposing sweeping new tariffs on dozens of U.S. trading partners, including the European Union and other major economies. Commerce Secretary Howard Lutnick and Treasury Secretary Scott Bessent have both emphasized that there will be no extensions or grace periods, making this a hard deadline for countries to strike trade deals with the U.S. The administration is using the threat of tariffs—some as high as 50%—as leverage to secure more favorable terms for American exports and open foreign markets. While a trade agreement has been reached with Japan, negotiations with the EU and other partners remain tense and unresolved. The outcome of these talks could reshape global trade relationships and have significant economic impacts both in the U.S. and abroad.
اس عام گفتگو جواب دینے والے پہلے شخص بنیں۔
