<h1>US Sets 90-Day Talks to Maintain 25% Tariffs with Major Partner, Other Tariffs Loom</h1> The United States government announced a 90-day negotiation period with one major trading partner to avoid immediate tariff increases, maintaining existing 25% tariffs on imports during this time. Other countries face imminent new tariffs, with rates communicated via letters or executive orders if no prior agreements exist. Several trade deals were reportedly reached with multiple nations, though details remain undisclosed. The administration linked tariffs to issues such as drug trafficking and trade imbalances, particularly with the partner country facing a significant deficit. Some goods remain exempt under existing trade agreements, which are subject to renegotiation. Uncertainty persists for other trading partners regarding tariff status and deal finalization, with some agreements awaiting legally non-binding framework documents. The tariffs aim to address longstanding trade deficits and non-tariff barriers, but concerns remain about economic impacts on domestic consumers and businesses.