As the August 1 deadline approaches, U.S. officials are emphasizing the importance of securing quality trade agreements rather than rushing into deals. Commerce Secretary Howard Lutnick has reiterated that the deadline is firm, indicating that countries will need to be prepared to handle higher reciprocal tariffs. Meanwhile, discussions with China may include sensitive topics such as its oil purchases from Russia and Iran. Treasury Secretary Scott Bessent expressed confidence in the U.S. negotiating power, stating that upcoming weeks will be significant for trade relations. The administration is keen on deals that satisfy both economic interests and international relations, balancing urgency with a focus on quality.