Business Outlook: Anticipating Trump's Trade Deal Deadline

July 4, 2025 - 22:34

In the upcoming week, the business and finance sectors will be closely monitoring critical developments, particularly surrounding President Trump's impending trade deal deadline. As July 9 approaches, investors are anxious to see if the U.S. will finalize agreements with its trading partners to avert increased tariffs. Following Trump's "Liberation Day" announcement on April 2, which sent shockwaves through global markets, there is speculation about potential delays. However, Trump has firmly stated that he will not extend the deadline.

Japan finds itself in a precarious position as it grapples with the possibility of heightened tariffs on imports. Despite multiple rounds of negotiations, no agreements have been reached, particularly concerning automobiles and rice—key issues for Japan, where the automotive industry plays a vital role in employment and exports.

Meanwhile, Wall Street is making a strong comeback, narrowing the gap with European markets. The recent performance of big tech companies has significantly contributed to this resurgence. As tariff discussions unfold, Wall Street's trajectory could soon surpass Europe’s year-to-date performance.

Additionally, House Republicans are gearing up to push forward the Senate's stablecoin legislation, known as the GENIUS Act. This legislation could potentially double or triple the current market value of stablecoins, which are designed to maintain a stable value and are currently valued at around $250 billion. The implications of these developments could have far-reaching effects on the market landscape in the near future.