Trading Partners Scramble To Reach Deals With U.S. Ahead Of Trump's Looming Deadline For New Tariffs

It’s a race against time for some of America’s top trading partners who are negotiating furiously to reach agreements by Aug. 1.

The White House has said any country that does not agree to new terms of a trade deal with the U.S. by Friday will face the tariff rates Trump initially announced in April.