Summary
- President Trump stated that most trade negotiations will be completed by August 1.
- President Trump said that in trade with Canada, they may respond by imposing tariffs without negotiation.
- Concerning trade with China, President Trump announced that he has set the confines of the deal, indicating the possibility of a trade renegotiation.
President Trump announced that the majority of trade negotiations are expected to be completed by August 1. Regarding Canada, he indicated that tariffs could be imposed without negotiation.
According to Walter Bloomberg, an overseas stock market news channel, on the 25th (local time), President Trump stated, "Most of the trade negotiations will be completed by August 1," and mentioned, "Trade with Canada may be resolved through tariffs rather than negotiations."
Regarding trade with China, President Trump said he has "established the confines of the deal." This is interpreted as suggesting the possibility of renegotiating trade within a certain scope.
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
