U.S. strikes trade deals with EU, South Korea
Author
Published
8/4/2025
Negotiations continue with Mexico and China, while tariffs are set to increase for dozens of other countries.
In a flurry of activity last week, the Trump administration announced it had struck new trade frameworks with the European Union (EU) and South Korea while hiking tariffs on Brazil, Canada and dozens of other countries. The administration also held trade talks with China and extended negotiations with Mexico for 90 days.
In addition to the EU and South Korea, the U.S. recently announced agreements with Japan, the Philippines, Indonesia, Vietnam and the United Kingdom ahead of an Aug. 1 deadline for the enactment of...
Members Only Content
Join Iowa Farm Bureau or login to view all members only content and receive other member benefits.