To negotiate a trade agreement

The New York Times reports that China has confirmed a trade framework with the US to lift export controls, while Trump announces he will terminate talks with Canada in response to their digital services tax, per Bloomberg. The Economist writes that India is getting no favors from Trump and Bloomberg writes about the EU’s warning that even a baseline tariff will spur retaliation. The US and the UK have formalized their agreement, though details are still to come, per Reuters. The Financial Times covers the UK’s new trade strategy, reflecting their agreement with the US and other economic imperatives.

Mentioned publications

HF sponsored access UK to focus new trade strategy on boosting services exports – Financial Times, June 26, 2025
Prime Minister Starmer will launch a new trade strategy focused on boosting UK services exports, tackling regulatory barriers, and enhancing trade defenses against dumping amid Trump’s global tariff actions. The strategy includes raising UK Export Finance capacity to £80bn, creating a "Ricardo fund" to break down barriers to services trade, and consulting on anti-dumping measures for steel.