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The White House is "close" to reaching tariff agreements with Japan and India, but finalizing the final agreement may take several months

律动BlockBeats
律动BlockBeats|4月 22, 2025 17:20
According to BlockBeats, on April 23rd, the White House is about to reach a comprehensive agreement with Japan and India to avoid large-scale tariffs imposed by the United States, but they may leave many tricky details for future discussion. In the absence of a comprehensive trade agreement, government officials are working hard to sign a so-called 'memorandum of understanding' or a broad 'framework' for future agreements. One of the insiders said, 'It may take several months to finalize the agreement, and these things are complex.' It is currently unclear to what extent announcing the framework of the future agreement will appease the market and avoid a political backlash against ongoing economic turmoil. Another source said, "I wouldn't even call them agreements. Basically, (this is) an agreement that we hope to discuss and reach. They will start pushing out a bunch of things, but as long as they start signing something, it means we will start negotiating." (Kim Ten)
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