US EditionBessent says US could announce trade deals with some countries this week
- U.S. Treasury Secretary Scott Bessent indicated that the administration may finalize significant trade agreements with major trading partners within the coming days in Washington, 2025.
- These potential agreements arise after President Trump imposed sweeping tariffs starting April 2, 2025, which prompted many countries to make offers amid ongoing tensions with China.
- Bessent detailed that the U.S. Is actively negotiating with 17 of its 18 important trading partners, aiming to reduce tariffs, currency manipulation, and subsidies to restore fair trade.
- He noted that the United States is engaged in trade discussions with nearly all of its 18 key trading partners and anticipates that between 80 and 90 percent of agreements will be finalized by the end of the year.
- If concluded, these deals could reshape global trade dynamics, support high-paying U.S. Manufacturing jobs, and signal progress despite unresolved issues with China and tariff cost debates.
21 Articles
21 Articles
ThePatriotLight - Bessent Provides Major Update On Trade Talks, Gives Timetable For Deals
ThePatriotLight - Treasury Secretary Scott Bessent confirmed Tuesday that the United States is engaged in active discussions with 17 of its largest trading partners and provided a timetable on when the first major trade deals can be expected. While testifying before the House Appropriations Subcommittee on Financial Services and General Government, the treasury secretary said that the timing of trade deals “will be path dependent on our trade pa…
Bessent Provides Major Update On Trade Talks, Gives Timetable For Deals
Treasury Secretary Scott Bessent confirmed Tuesday that the United States is engaged in active discussions with 17 of its largest trading partners and provided a timetable on when the first major trade deals can be expected. While testifying before the House Appropriations Subcommittee on Financial Services and General Government, the treasury secretary said that the timing of trade deals “will be path dependent on our trade partners.” “There ar…
US could sign major trade deals this week: Bessent
Treasury Secretary Scott Bessent said he expects the U.S. to announce trade deals with major trading partners as early as this week. Bessent said that since President Donald Trump announced his “Liberation Day” tariffs on April 2, countries around the world have approached the administration with very good offers. “In negotiating with some of them, they may not like the tariff wall that President Trump has put up, but they have them. So if tari…
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