The United States Trade Representative's (USTR) office has reportedly prepared a template intended for use in trade negotiations that sets common terms for the talks, according to the Wall Street Journal, citing people familiar with the plans.
The broad categories for negotiation are tariffs and quotas, non-tariff barriers to trade, digital trade, rules of origin for products, economic security and other commercial issues, said people familiar with a draft document outlining the negotiating terms. However, they added that the document is subject to change as the administration of United States President Donald Trump gets more information.
The US plans to negotiate with 18 of its major trade partners over the next two months, with six partners planned to come for talks during the first week, followed by six more in the second week and six more in the third week, with the pattern repeating until the administration's July 8 deadline.
