Trump Strikes Surprise Deals with Korea, EU Amid Tariff Deadline

As President Trump neared the August 1, 2025, tariff deadline, he announced surprise bilateral deals, including investments from South Korea, EU gas commitments, copper exemptions from Chile and Peru, and tariffs on India. These moves, sparking market volatility and supply chain shifts, embody his aggressive reciprocity doctrine. Critics warn of potential economic isolation and prolonged disputes.