The tariffs taking effect July 9 are part of a package Trump imposed in April, citing a lack of "reciprocity" in trading ties
President Donald Trump speaks to reporters on the South Lawn before boarding Marine One and departing the White House on July 01, 2025 in Washington, DC.
Image: Anna Moneymaker / Getty Images North America / Getty Images via AFP
AÂ week before US President Donald Trump reimposes steep tariffs on dozens of economies, including the EU and Japan, many are still scrambling to reach a deal that would protect them from the worst.
The tariffs taking effect July 9 are part of a package Trump imposed in April citing a lack of "reciprocity" in trading ties.
He slapped a 10 percent levy on most partners, with higher customized rates to kick in later in countries the United States has major trade deficits with.
But these were halted until July to allow room for negotiations.
Analysts expect countries will encounter one of three outcomes: They could reach a framework for an agreement; receive an extended pause on higher tariffs; or see levies surge.