North America Via Bloomberg

Trump Deals Poised to Fall Short of Sweeping Trade Reforms Before Tariff Deadline Looms

President Donald Trump's efforts to implement sweeping global trade reforms appear to be falling short, as his administration faces growing pressure to renew country-specific tariffs just 10 days before they expire.

Trump Deals Poised to Fall Short of Sweeping Trade Reforms Before Tariff Deadline Looms
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The White House is on track to fail in its promise of sweeping global trade reforms with President Donald Trump's country-specific tariffs set to resume in just 10 days, suggesting a lack of progress towards resolving long-standing trade disputes and renegotiating key agreements with major trading partners. The resumption of tariffs, which were imposed by the previous administration and suspended during Trump's presidency, would mark a significant reversal for the White House's 'America First' agenda. The failure to achieve meaningful trade reforms is seen as a blow to Trump's legacy and a setback for his efforts to rebrand himself as a pragmatic leader. With just 10 days left before the tariffs are set to resume, officials are scrambling to find alternative solutions to appease trading partners and avoid a global trade war.

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Original source: Bloomberg
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