President Trump’s plan to finalize 90 trade deals in 90 days is faltering, with only a few deals progressing and the deadline extended to August 1. Markets remain calm, anticipating Trump’s usual last-minute delays. However, global resistance is mounting, with Japan and South Korea openly opposing U.S. demands. While U.S.-China trade falls, China is expanding trade elsewhere. The dollar’s value is dropping, and new tariffs may worsen the situation. Meanwhile, other countries are strengthening trade ties, bypassing the increasingly isolated U.S.
After a temporary pause in reciprocal tariffs, U.S. President Donald Trump had announced an ambitious plan to finalize 90 trade deals within 90 days. However, as of the initial deadline on July 9, not even nine agreements have been completed, according to a BBC report.
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