Trade Deals - Closer to finish line ?
- Sameer Kalra
- May 5
- 1 min read
In the last few days, President Trump and his administration have mentioned that trade deals are about to be signed or announced in days or weeks. Given the sixty days or so left before the reciprocal pause ends, it is better for all stakeholders to receive some level of clarity.
The problem is when reports come that tariff talks between the USA and Japan does not include steel and automotive tariffs. This puts Japan in an uncomfortable situation as it’s one of the biggest exports and industries of concern.
Some reports are talked about India along with non-trade barriers such as its famous PLI ( Production linked Incentives ) scheme. It might lead to longer and more complicated conversations.
Though the opaqueness exists when actual progress of trade talks is communicated the reversal in financial markets assumes that they are close to the finish line.
There are certain Section 232 deadlines such as semiconductor and pharmaceutical coming up. The impact of any announcement related to them might put the current negotiations' progress at risk. If it does then financial markets will be entering the volatility spike zone again. Will this time it result in a much larger confidence damage?






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