BS EDIT: Trade Deadlines Slip, Uncertainty Stays

By Business StandardPublished On Jun 13, 2025

A Softened Deadline

President Trump may extend the July 9 trade deal deadline — a sign of how complex and slow bilateral negotiations have become

Many Talks, Few Deals

The US is negotiating with 15 nations. Only the UK deal is final. Talks with India continue, but progress is unclear

A Tentative China Deal

Trump says a deal with China is done — but final terms need approval. Proposed tariffs: 55% by the US, 10% by China

Rare Earths and Reversals

China may ease rare-earth exports. The US could resume student visas and some hi-tech exports — but nothing is certain yet

Tough Path for Others

Even with a US-China deal, tariffs remain high. Other trading partners face a hard road ahead

Outlook Still Cloudy

Growth is slowing, inflation is sticky, and the Fed remains cautious. Deadline or not, trade uncertainty will persist