Which countries are still negotiating trade deals with the US?
Asked 10 hours ago
Answer
The US is still negotiating trade deals with China, Mexico, and Canada. Talks with China are ongoing with a 90-day pause in tariff escalation. Negotiations with Mexico have resulted in a 90-day extension, while discussions with Canada remain intense and unresolved. Frameworks for deals exist with several other countries and the European Union, but these have not been formally signed.
Now Playing
Where U.S. trade talks with other countries stand
- President Trump signed an executive order raising tariffs on about 70 countries. 2s
- The US and UK signed a trade deal including a 10% tariff on UK goods and investment commitments. 33s
- Frameworks for trade deals with five other countries and the EU have been announced but not signed. 48s
- Negotiations with China, Mexico, and Canada are ongoing, with temporary tariff rates in place. 1m 6s
- Tariff rates for the 70 countries range from 10% to 41%, with specific rates for countries like Laos and India. 1m 53s
References
Deals with the US's top three trading partners remain in active negotiation according to the Trump administration, China and the US. Lowered the tariff rates to 30% on Chinese goods while the two nations work out a trade deal. Mexico and the US agreed to an extension of the current tariff rate of 25% on Mexican goods. Canadian and US negotiators remain in an intense phase of talks.
