The United States has seen ongoing tariff drama persist after the federal courts blocked the import duty increases. Although they have been temporarily reinstated amid an appeal from the White House, the Trump administration has demanded that nations submit their best trade deal offers this week.
According to a recent report, officials have asked for countries to submit the best possible offers on trade negotiations by Wednesday. Indeed, the call is to avoid the impending reinstatement of tariffs and a self-imposed five-week deadline.
JUST IN: 🇺🇸 Trump administration demands final trade deal offers from countries by Wednesday to avoid reinstatement of tariffs.
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Also Read: Trump May Need To Repay Tariffs Collected Since January: Here’s Why
Trump Calls for Best Possible Trade Offers Ahead of Tariff Reinstatement
In early April, returning US President Donald Trump unveiled what the administration called ‘Liberation Day’ tariffs. The move saw the White House seek balanced global trade through the stark and concerning protectionist policy. Now, there is tension abounding as the import duty increase has been met with some resistance.
The president and his officials are still committed to the plan, with the timeline reportedly ramping up. Specifically, the Trump administration has demanded final trade deal offers from countries this week. According to insights, they are expecting those offers by Wednesday amid a potentially reinstated tariff plan.
Also Read: Trump Eyes Global Markets With 15% Tariffs for 150 Days
The White House appears committed to the import duty increases. They have appealed a White House ruling that the President exceeded his authority. Yet, US Commerce Secretary Howard Lutnick has publicly expressed that he doesn’t believe President Donald Trump has any interest in relenting on the policy.
“Tariffs are not going away,” Lutnick said, according to a new BBC report. “You’re going to see over the next couple of weeks, really, first-class deals for the American worker.” Those deals are now being met with the Wednesday deadline the administration has committed to.