Trump's Trade Deal Decisions: A High-Stakes Week in Global Negotiations
This week, U.S. President Donald Trump is set to make key trade deal decisions amidst ongoing negotiations with China and the European Union. As the August 1 deadline approaches, discussions are focused on tariffs and digital service regulations with the EU, while talks with China remain separate.
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U.S. President Donald Trump is poised to make pivotal trade deal decisions this week, amid concurrent negotiations with China and the European Union. U.S. Commerce Chief Howard Lutnick announced the developments on Tuesday, as Trump approaches his self-imposed August 1 deadline.
'We're going to have things done by Friday,' Lutnick informed CNBC during an interview. The discussions with EU officials continue to revolve around steel and aluminum tariffs along with digital service regulations. These talks are part of the broader framework outlined last Sunday.
Negotiations with China are being handled as a distinct matter, reflecting the complexity and importance of ongoing trade dialogues. This series of high-stakes decisions highlights the intricate landscape of global trade relations.
(With inputs from agencies.)
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