More than a month after President Donald Trump’s tariff-focused “liberation day”, the United States has won almost all, a deadline and guarantee for ongoing negotiations.
In China, the United States has no significant changes other than offsetting recent import tariffs and import restrictions.
The consistency with the UK announced last Wednesday has few opportunities to improve American meat and ethanol.
The White House said both agreements are starting points. While this is enough to raise international markets and restore U.S. stock gains, the Trump administration has little to do with the concessions from the deal.
The UK deal has earned British businesses clear concessions from the Trump administration, which include lower trade barriers to its vehicles, steel and aluminum products.
Direct earnings in the United States are not yet known.
Although the agreement improves opportunities for U.S. meat producers’ UK market, common methods of meat preparation in the United States are banned in the UK - a position that is not expected to change.
Meanwhile, representatives of U.S. auto companies (which have struggled to drive Trump’s tariffs) made a rare statement that exploded the deal.
"We are disappointed that the government prioritizes the UK over our North American partners," Matt Blunt, chairman of the U.S. Automotive Policy Committee, said in a statement.
But transaction announcements keep coming. A few days later, representatives from the United States and China said they agreed to temporarily lower the reciprocity tariff, which has reached more than 120%.
Again, the announcement encountered problems with its success. Wall Street consulting firm Capital Economics called it "another major retreat from the Trump administration's aggressive stance."
The company said in a report to clients that the deal did not include "any commitment from China to exchange rate policy or bilateral trade imbalance."
"They stand up," said Marcus Noland, an economist and senior researcher at the Peterson Institute for International Economics. "They face the bullies, and the United States has no major concessions."
China praised the outcome of its negotiations, saying its boycott of Trump's tariffs was "very effective".
"The retaliation measures have really had a significant impact on the U.S. side, which is why the U.S. government lowered tariffs to baseline levels after negotiations," a social media account linked to China's national broadcaster CCTV said on Monday.
In a statement, a White House representative continued to call the agreement while suggesting more progress is coming soon. White House officials also noted that recent economic data, such as employment and inflation, have remained stable.
"Thanks to President Trump for the tariffs and deals, the UK has provided billions of dollars in export opportunities for American ranchers and farmers, while China has agreed to expand market access to U.S. companies," White House spokesman Kush Desai said. "This is just the beginning, providing more deals and opportunities for American workers and farmers."
Trump also touted the ability of tariffs to increase revenue. CNBC reported that in April, most Trump tariffs will take effect for the first full month, with tariff revenue exceeding $16 billion.
While this is a record, it hardly tortured the federal deficit, which totaled $1.05 trillion, 13% higher than the same period last year. Net interest alone cost $38 billion in the month, and the current fiscal year is $579 billion.
Meanwhile, Trump believes that tariffs will generate substantial revenue and encourage U.S. companies to bring production back to the United States, which is now shrinking.
Analysts warn that even if the market reacts positively to overall development, they may fall into complacency given the ongoing tensions and obstacles to stumbling blocks. As part of the UK deal, the U.S. insists it reduces its reliance on China's supply chain, which China condemned in a Tuesday Financial Times report.
"I think our turmoil is more turbulent than the market seems, and it's much more back and forth," Noland said.