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Trump deals set to fall short of sweeping trade reforms

Business Standard

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July 01, 2025

But deals with a dozen nations on the horizon

- REUTERS

Trump deals set to fall short of sweeping trade reforms

With just 10 days to go until US President Donald Trump's country-specific tariffs are set to resume, the White House appears poised to fall short of the sweeping global trade reforms it promised to achieve during the three months they were on hold.

Agreements with as many as a dozen of the US's largest trading partners are expected to be completed by the July 9 deadline, top Trump advisers have said over the past week. But if Trump's only two other accords, with China and the UK, offer any indication, the pacts likely won't be fulsome deals that resolve core issues, but instead will address a limited set of topics and leave many specifics to be negotiated later.

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