Trump will end next week. Here is how much Asian governments have been negotiating with Washington

Trump will end next week. Here is how much Asian governments have been negotiating with Washington

US President Donald Trump Introduction for 90 days It ends next week – and his administration has not achieved a lot of victories over deals. In fact, his administration revealed only one business deal with the United Kingdom before July 9, when the so -called mutual definitions in the United States aim to return.

On Tuesday, Trump He told reporters He was not interested in extending the deadline to allow more time to negotiate, and he will soon send messages that announce the tariff rates “to many countries”.

However, administration officials were publicly hoping that they would be able to reveal more deals in the coming days, with the Minister of Commerce, Howard Lootnick I suggested last week There are 10 deals ready to go. (The countries that were ready to sign a commercial deal have not been specified. “Kevin Haysit, director of the National Economic Council, said recently that trading deals may be announced after the July 4 holiday.

On April 2, Trump The definitions are slaughtered with very slope In the rest of the world, then stop them from temporary suspension after a week to allow time for negotiations. American trade partners have spent the past three months in the hectic negotiations in an attempt to reduce these definitions – but so far, they have little to show them.

So far, the administration has agreed to a trade agreement with the United Kingdom and a “trade agreement” with China (which restores customs tariffs only to the levels of “Liberation Day”)

Only one week has passed until the customs tariff returns, here are the things that things stand in Asian trade negotiations with Washington.

Japan

The talks between the United States and Japan struck a barrier: Trump imposed a 25 % declining tariff on cars. The auto industry in Japan is The fourth is the fourth In the world, the contribution is approximately 3 % of the country’s gross domestic product and one out of eight people. The United States is the largest car export market in Japan, and it can buy Trick Of its total production.

A car tariff is “not something we can accept”, the chief negotiator in Japan Ryosi Akazawa told reporters Last Thursday. With no decision on car tariffs, Akazawa said these negotiations.Fog

Japan also faces a 24 % tariff on all its exports, as well as a 50 % tax on steel and aluminum.

However, Trump appears to be especially annoyed by Japan and its long -term surplus with the United States on Sunday, Trump I complain about that The one -sided car trade was “not fair”, indicating that Japan buys more American oil to bridge the disability gap. Repeat his complaints on Tuesday, Japan summons “Difficult” and “spoiled” for reporters.

South Korea

South Korea hopes to be exempt from all American definitions, including 25 % mutual tariffs on its exports, as well as a 25 % tariff on cars and a 50 % tariff on steel and aluminum.

The main trade negotiator of Korea, Yu Han Co, met with Lottenic and American Trade Representative Jameson Jarir to start negotiations last Monday. All parties confirmed their commitment to reach an agreement soon, and the American ambassador to South Korea, Joseph Yun, was disposed of last week that he New free trade agreement (FTA) between South Korea and the United States may be in business.

Trade is the first major challenge facing the newly elected South Korean president, Lee Jay Meong, who took office earlier this month after early elections. He has Opening titleHe described “protectionist ascension” as “a threat to our survival.”

Korean negotiators do not seem optimistic that they will meet the deadline on July 9, A senior Korean official tells the correspondents On Monday, Seoul will try to find an extension.

India

Both the United States and India were Express the initial optimism They will be able to reach an agreement on trade, with India one of the first countries to start negotiations with the United StatesIn April. However, so far, no agreement has been announced. India is currently facing a 26 % “mutual” tariff on its exports to the United States

Indian officials And according to what was reported To reduce their customs tariffs on agricultural products, which would give us products to the market. Agriculture is India The largest employment sectorWith nearly half of the population working in agriculture.

India also hopes to take advantage of the supply chains that move outside China. Companies like Apple and Foxconn They invest In Indian factories, to diversify their supply chains and may avoid American definitions on Chinese goods. However, Trump criticized Apple’s attempts to make iPhone in India, instead Request smartphones It is made in the United States

However, the American president said he He is still optimistic That a deal is coming. On Tuesday, it suggested that the United States be “able to enter and compete” in India. He said that if New Delhi opens its market, “We will face a deal for customs tariffs much less.”

Southeast Asia

Southeast Asian countries have obtained a number of more severe definitions on April 2, as some reach 49 %. Many countries in the region depend on US exports to growth, which caused a rush by leaders to make concessions, Promising Their own imports of American goods to try to get a deal with Washington.

Vietnam Prime Minister Fam Minh Chinh He said Last week, it was confident that a “positive” trade deal with the United States could be made before the deadline. (Vietnam is currently facing a 46 % tariff for her exports related to the United States.)

Indonesia and Malaysia– Which faces tariff rates by 32 % and 24 %, respectively – They have been optimistic that they could deduce negotiations before the endowment stopping next week.

Thailand is less confident in setting its trade negotiations. The Minister of Finance in Thailand, Pachay Chhunhavagira, arrived in the United States on Monday to start talks personally, and said it was Hope these conversations It will be extended on July 9.

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