Tariff negotiations between the two top trading partners are on a different track from those the U.S. is pursuing with other nations. But Canada may not get a better outcome.

President Trump notified more than a dozen nations on Monday about new tariffs set to take effect on Aug. 1. However, Mr. Trump told CBS News' Ed O'Keefe that the new deadline is "firm, but not 100% firm,

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,

Team Trade

On Monday morning, a new major blockbuster trade went down. It included the Los Angeles Clippers, Miami Heat, and Utah Jazz swapping multiple pieces. ESPN NBA insider Shams Charania was the first to report the trade.

The Los Angeles Clippers are sending Norman Powell to the Miami Heat in a three-team trade also involving the Utah Jazz. ESPN’s Shams Charania was among the first to report the trade. Per Charania, Powell is being traded to the Heat in a trade that sends Jazz forward John Collins to L.