U.S. pushes countries for best trade offers by Wednesday as tariff deadline approaches - report

[Economic Tariffs Concept]
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The Trump administration is urging countries to submit their best trade offers by Wednesday, as officials aim to speed up negotiations with multiple partners ahead of a self-imposed deadline just five weeks away, according to a draft letter to negotiating partners obtained by _Reuters_.

The draft, issued by the Office of the United States Trade Representative, offers insight into President Donald Trump’s strategy for wrapping up complex negotiations with dozens of countries.

These talks began on April 9, when he temporarily halted his "Liberation Day" tariffs for 90 days—until July 8—after sweeping levies triggered turmoil in stock, bond, and currency markets.

In the draft, the US is asking countries to list their best proposals in a number of key areas, including tariff and quota offers for the purchase of US industrial and agricultural products and plans to remedy any non-tariff barriers, the report said.

Other requested items include any commitments on digital trade and economic security, along with country-specific commitments, according to the letter.

The US will evaluate the responses within days and offer "a possible landing zone" that could include a reciprocal tariff rate, according to the letter.

Washington has been engaged in such talks with the European Union, Japan, Vietnam and India, among others.

The draft letter to trading partners also warns them not to believe the tariffs will be sidelined if the court rules [https://seekingalpha.com/article/4791135-court-strikes-down-us-tariffs-trade-war-uncertainty-continues] against [https://seekingalpha.com/news/4453279-whats-next-after-u-s-trade-court-strikes-down-trump-tariffs]Trump's use of the IEEPA."Regardless of ongoing litigation concerning the President's reciprocal tariff action in U.S. courts, the President intends to continue this tariff program pursuant to other robust legal authorities if necessary, so it is important that we continue our discussions on these matters," the draft says.

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