BlockBeats News, July 6th: U.S. Treasury Secretary Yellen stated that the trade negotiations have entered the final stage and the situation is very tense. Trade talks with the European Union are making progress, with the U.S. holding an advantage in the negotiations with the EU. The next 72 hours will be busy with trade talks.
Furthermore, Yellen mentioned that if no agreement is reached, Trump will notify trade partners to revert to the tariff levels of April 2nd. (FXStreet)