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U.S. Commerce Secretary Lutnick: Multiple (trade) agreements will be announced around next week

Internet reports that U.S. Commerce Secretary Lutnick said that the tax bill is expected to be passed next week or two weeks. We are confident that we will reach a consensus on the SALT issue. If legislation changes, the tariff plan does not need to be adjusted. A number of (trade) agreements will be announced around next week. Europe performed well after a slow start. I became optimistic that a deal with the EU would be reached and the deal would be finalized. Agreement with India is close to reaching. July 9 will be the deadline for reaching a reciprocal tariff agreement, when countries will be classified into the corresponding tariff categories. Key measures will be introduced after major legislation.

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