After the completion of the China US talks, the progress of trade negotiations among various countries has once again entered the field of vision. Last night, the Circuit Court of Appeal ruled that Trump's tariff policy was still in effect during the appeal process. This has increased the pressure of countries that had been waiting to see because of the game between the internal administrative and judicial systems of the United States, and Trump can continue to exert pressure. Yesterday, the United States and India were expected to reach a temporary trade agreement and sign the formal first phase agreement before the autumn. The United States and Mexico may have a dynamic quota system on steel tariffs, exempting 50% of tariffs as long as steel imports from Mexico do not exceed historical trade volume levels. It seems possible that this version could serve as a model for negotiations between countries and the United States if a complete trade agreement cannot be reached by July 9th. Then reach a temporary agreement first, and then talk slowly, which is equivalent to the automatic postponement of the deadline on July 9, so that Trumpchene also has a statement and explanation. Then the industry tariffs are likely to be quota based: the previous car tariffs with the UK (a quota of 100000 vehicles per year), and this time the steel tariffs with Mexico. In early May, it was discussed that the additional equivalent tariffs were likely to be abandoned, and then the 10% basic equivalent tariff rate became the default result, followed by tariffs on a small number of industries. 🤣