qinbafrank
qinbafrank|Jun 12, 2025 09:50
The deadline for tariff parity on July 9 may be postponed. Yesterday, we just talked about that if a complete trade agreement cannot be reached before July 9, we should first reach a temporary agreement with all countries, and then talk about it slowly, which is equivalent to the automatic extension of the deadline on July 9. So there is also a statement and explanation from Chuanpuduone. This morning, Besent said during a congressional hearing, 'For countries that are negotiating in good faith - or trade groups like the European Union - we are very likely to extend the deadline to continue good faith negotiations. But if someone does not negotiate, we will not extend the deadline.'“ The possible agreement reached in the negotiations with India will leave a template for the future, and according to reports, the EU also expects the negotiations to continue beyond the deadline of July 9th. EU insiders have revealed that it is best to reach consensus on the principles of the agreement before the deadline and then continue negotiating the specific details. In an interview yesterday, Trump said that Trump himself said on Wednesday that he was willing to extend the deadline of July 8, but that it was "unnecessary". It was also mentioned that letters outlining the terms of the trade agreement will be sent to dozens of other countries within one to two weeks. The surprise here is that Trump once again threatened countries because he could not get too many results before the deadline.
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