US tariff negotiations "deadline" approaching, various parties display tough stances.
On July 1st, Trump stated that he had not considered extending the July 9 deadline for countries to negotiate trade agreements with the United States. With less than a week left until the so-called deadline for tariff negotiations set by the United States, multiple parties are strengthening their positions on core interests and taking a tough stance in negotiations with the US on tariffs.
US threatens to increase tariffs, Japan emphasizes the need to protect national interests
After multiple rounds of negotiations, trade talks between Japan and the United States have reached a standstill. On July 1st, US President Trump once again complained that Japan has not purchased enough American cars and rice products, and threatened to increase tariffs on Japan.
India sets two major "red lines" in tariff negotiations with the US
On July 2nd, the US and India continued negotiations on tariff issues. However, sources say that the two sides still cannot agree on agricultural and dairy product issues. India wants to protect the interests of its farmers and is unwilling to lower tariffs on US genetically modified corn, soybeans, wheat, and other products. India's Finance Minister Sitharaman had previously emphasized that agriculture and dairy products are the two major "red lines" in India-US trade negotiations.
UK media: EU takes a tougher stance in tariff negotiations with the US
The EU and the US also have significant differences on tariff issues. On July 3rd, EU Commissioner for Trade and Economic Security, Shevchievich, will hold talks with US representatives in Washington. According to the Financial Times, EU member states have requested that Shevchievich take a tougher stance in the talks with the US, including demanding reductions in high industry tariffs.
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