U.S. trade deals could come this week after tariff talks: Trump official – National [Video]

U.S. Treasury Secretary Scott Bessent on Tuesday said the Trump administration could announce trade agreements with some of the United States’ largest trade partners as early as this week, but gave no details on which countries were involved.

He said the administration was negotiating with 17 major trading partners, but had not yet engaged with China, the world’s second-largest economy after the United States.

He said many trading partners have made very good offers and Trump officials were in the process of “re-negotiating” those now.

“I expect that we can see a substantial reduction of the tariffs that we are being charged, as well as non-tariff barriers, currency manipulation and subsidies, both labor and capital investment,” he told the House Appropriations Committee.

U.S. President Donald Trump and his top officials have engaged in a flurry of meetings with trading partners since the president on April 2 imposed a 10% tariff on most countries, along with higher tariff rates for many trading partners that …