Trump’s Trade Push: Fast Agreements Amidst Uncertainty

President Trump accelerated trade negotiations with major trading partners this spring, seeking quick agreements after pausing tariffs that had shaken global markets. While senior officials like Stephen Miran pressured foreign leaders to engage swiftly, some key details remain unresolved. These fast-track deals have led to tariff truce with China and agreements with the EU, Japan, and South Korea. However, uncertainty lingers regarding final details of these deals, as exemplified by lingering concerns about Chinese components in Southeast Asian exports or the lack of clarity on the specific threshold for tariffs.