Trade Tensions: The Urgency of Tariff Negotiations

This chapter examines the impending tariff deadline imposed by President Trump and the urgency faced by countries like South Korea, Japan, and the European Union to secure trade agreements before August 1st. It highlights the complexities of ongoing negotiations, the impact on small and medium-sized businesses, and the broader implications for the global trading system. Additionally, the chapter discusses the political dynamics influencing trade talks with Canada and Mexico and the potential ramifications for other nations, including Southeast Asian economies.