Hey folks, as we count down to the US-set tariff deadline (less than a week away!), major economies are making bold moves to defend their interests. The European Commission, led by Ursula von der Leyen, is ready to clinch a deal with the US but isn’t taking any chances—retaliatory measures are on the cards if talks go south. 😎
Over in Japan, Prime Minister Shigeru Ishiba reminded everyone that Japan is not only a major investor in the US but also a top job creator there. His message? Investment beats tariffs any day, even as US leader Trump floated the idea of pushing tariffs up to 30-35%.
Meanwhile, trade discussions between India and the US are hitting a snag over auto parts, steel, and farm goods, with agriculture and dairy standing as non-negotiable red lines. Just like in your favorite tech startup showdowns, every player here is strategizing hard!
On a collaborative note, teams from the Chinese mainland and the US are ramping up efforts to implement outcomes from their trade consultation talks. The goal is clear: foster win-win economic relations that benefit everyone in our interconnected world. 🌏🤝
Reference(s):
Major economies vow defense interests as US tariff deadline nears
cgtn.com
