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Trade Deals in the Spotlight as Tariff Deadline Looms

OilPrice.com Friday, 4 July 2025 ()
Politics, Geopolitics & Conflict Washington is shifting from enforcement to diplomacy where it concerns China’s purchases of Iranian oil. Trump has decided to tolerate record Chinese imports of Iranian crude (now above 1.8?million?bpd) while using selective sanctions and diplomatic channels to manage the flows. Trump has signaled Beijing is free to keep buying, as long as it increases U.S. crude intake in return. With the July 9 tariff deadline looming, the U.S. has struck its first bilateral deal, cutting a tariff agreement with Vietnam…
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News video: BREAKING: India-US Trade Deal In 48 Hours? High-Stakes Talks Intensify Over Tariffs, Agriculture…

BREAKING: India-US Trade Deal In 48 Hours? High-Stakes Talks Intensify Over Tariffs, Agriculture… 03:37

India-US Trade: A high-stakes India-US mini trade deal could be inked within 48 hours, with negotiators locked in extended talks in Washington. The pressure is mounting as the July 9 deadline looms — the day when suspended 26% US tariffs snap back if no deal is reached. The US is pushing for...

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