A new round of U.S. bail-out negotiations are dawning, and the White House has set a deadline for negotiations?

On August 6, comprehensive foreign media reported that the US White House and members of Congress have entered the 10th day of negotiations on a new round of relief assistance for the new epidemic. Both sides have made concessions, ushering in a glimmer of light for the negotiation. However, on August 5, local time, White House officials said that if the two sides do not reach an agreement by August 7, the negotiations are likely to stop. On August 5, local time, White House chief of staff meadows said: “I am very doubtful if we can’t reach an agreement by Friday.” August 7 is not necessarily a “deadline,” he said, but the closer he gets to that date, his optimism will continue to wane and multiply thereafter. After a day of negotiations between the two sides, Senate minority leader Schumer responded to meadows’s speech by saying that he would not become a person to withdraw from the talks. “We didn’t leave,” Schumer said “We will stay here until an agreement is reached. We urge meadows to sit down and continue to work with us. ” The trump administration has proposed to extend the additional federal unemployment benefits to December at $400 a week. They had planned to extend the extra $600 unemployment benefits for just one week. U.S. treasury secretaries manuchin and meadows also proposed to extend the federal backed eviction protection order to December and provide additional $200 billion to States and localities, but it is still far below the $1 trillion required. Spokesmen for leaders and White House officials did not immediately respond to these concessions. This is the first step forward on seemingly intractable issues since last week’s deadlock over the bail-out. Although there are signs of an agreement, there are still big differences between the two parties on providing assistance to state and local governments, funding schools, food, rent and mortgage payments.