The United States has now set an August first deadline for countries to negotiate a new trade deal or face steep reciprocal tariffs. The White House sent letters to at least twenty countries this week, including key trade partners Japan and the Republic of Korea.  

Since April, the U.S. has reached a framework for trade deals with China, Vietnam and the United Kingdom.

Joining the discussion: 

• Otaviano Canuto is a Senior Fellow with the Policy Center for the New South and a former Vice President of the World Bank.
• Klisman Murati is the Founder of Pareto Economics, creator of the Global Power Index and a Professor at Helsinki Geoeconomics.
• Qu Qiang is an Assistant Director at the International Monetary Institute.
• Sourabh Gupta is a Senior Asia-Pacific International Relations Policy Specialist with the Institute for China-America Studies.