The president is deploying the word “deal” liberally, using the term to describe all kinds of trade arrangements, some very limited or one-sided.

Donald Trump and the UK will reportedly announce a trade deal to reduce tariffs. The US President teased an announcement on his Truth Social account of a ‘big news conference’ announced today involving a ‘major trade deal’.

Speaking publicly, Trump stated, “We’ve made a deal with the United Kingdom, we’ve made a deal with China, and we’re close to making a deal with India.” He suggested that countries unwilling to negotiate would instead be served notice of the new trade terms through formal letters.

Japan's trade deal with the U.S. must include tariff concessions for its vital automobile industry, top trade negotiator Ryosei Akazawa said on Tuesday, after President Donald Trump announced 25% tariffs on goods from Japan starting August 1.

Japanese Prime Minister Shigeru Ishiba called the announcement of slightly higher US tariffs “truly regrettable” while he vowed to continue to protect his nation’s interests in the extended trade negotiations.

Japanese Prime Minister Shigeru Ishiba said on Tuesday that Japan would continue negotiations with the United States to seek a bilateral trade deal that benefits both countries. Japan has received a proposal from the United States to continue trade discussions until the newly set August 1 deadline,