
The Trump administration is reportedly lowering its aspirations for comprehensive reciprocal deals. Instead, it is favoring narrower agreements to avoid the reimposition of U.S. tariffs.
What Happened: The US is now seeking phased deals with key countries, with the aim of reaching agreements by July 9, reported the Financial Times on Tuesday. This shift in strategy is a departure from the White House’s initial plan to secure 90 trade deals during the 90-day pause in reciprocal tariffs announced by President Donald Trump in April.