Part 7/9:
However, these measures also carry diplomatic implications. Several countries, including China and the United Kingdom, have inked preliminary trade agreements that could mitigate the impact of tariffs and safeguard their economies. The administration has deferred tariff implementations multiple times—initially postponing by 90 days in April, then extending further into August—indicating ongoing negotiations with trade partners. Notably, the UK’s agreement to increase US beef imports to avoid higher auto tariffs exemplifies how trade deals can serve as strategic tools to lower barriers and maintain economic stability.