Commercial Agreements and Warnings are planned today (7.7.25) by the US President, Donald Trumpas countries negotiated during the weekend (5 – 6.7.25) to avoid the highest duties to their exports to the US before the deadline of Wednesday, July 9, 2025.
The timetable for Donald Trump’s talks appeared to be reshaped, as US officials have shown that the trade partners would have a deadline by August 1, 2025 before the start of duties. This gives them the selection of three weeks for the conclusion of agreements, according to Bloomberg.
For weeks, the Trump government warned that Trump would impose duties on July 9 on countries that would not secure an agreement, returning to levels announced on the so -called liberation day on April 2.
The European Union has stated that progress has been made towards reaching an agreement and that the block is still working on Wednesday’s deadline. Trump and European Commission President Ursula von der Laien spoke on Sunday and had a “good exchange of opinion”, a spokesman for the EU executive arm on Brussels said Monday.
German Chancellor Friedrich Mertz discussed the weekend how to resolve the US trade dispute in separate telephone calls with von der Lien, as well as with her counterparts from France and Italy, a spokesman told the government.
“Time is running out,” said Mertz chief spokeswoman Stefan Cornelius at a regular government press conference in Berlin, adding that Germany is continuing to support the committee’s strategy in negotiations with the US. “It is a complex table of factors that need to be taken into account.”
Encouraged by a legislative victory and a US stock market that reached a historic high last week, Trump demonstrates his tariff power as a tool for pursuing domestic financial profits and mocking geopolitical opponents. His last threat was a 10% import tax on “any country aligned with BRICS anti -American policies”.
“There will be no exceptions to this policy,” he said in a post on Truth Social, just when Brazil’s BRICS nations led by Brazil, Russia, India, China and South Africa were gathering in Rio de Janeiro for meetings on Sunday.
After two months of earnings in the midst of a trademark warfare, tariff tensions have returned to the forefront for stock investors. Future Futational Contracts of the S&P 500 fell 0.5% after the US brokerage markets were closed on Friday for the July 4 holiday. European shares remained unchanged, while the Asian stock index decreased by 0.7%.
The dollar was up to 0.5%, reaching the highest level against a coin basket in more than a week. Australian and New Zealand dollars fell about 1% each, with the view that higher duties could have a serious impact on countries, which see China as an important commercial partner. US short -term bonds have been a moderate rise among a weaker appetite for risk.
In view of the last days before the expiration of the 90 -day suspension of so -called mutual duties by Trump on July 9, Finance Minister Scott Besed said that 18 major commercial partners are a priority, with several large agreements expected to be announced. He also acknowledged that the large number of ongoing discussions complicates the final stages.
“There is a great deal of congestion in the run -up to the final phase,” the finance ministry chief said at Fox News Sunday, while refusing to describe August 1st as the new official deadline. “If you want to speed up things, do it,” he told CNN about the countries receiving a letter. “If you want to get back to the old factor, this is your choice.”
In a social media post on Sunday, Trump said he would announce that “the letters and/or the United States’ DIABILITY Agreements with various countries from around the world will be surrendered by Washington noon.
Economic officials, including the European Union and Japan, were in discussions with Washington during a US holiday weekend.
The Trump government has stated for weeks that the conclusion of multiple agreements is being raised, but only a limited framework with the United Kingdom, a truce with China and the brief outline of a deal with Vietnam from Trump have been announced.