Trump, White House and tariff
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White House economic adviser Kevin Hassett said on Thursday three trade deals were nearly done and he expected more despite a trade court ruling that blocked most of President Donald Trump's tariffs.
On 8 May 2025, the White House announced President Trump’s first trade deal under his America First Policy. The deal struck between the United States and the United Kingdom will revise some of the tariffs imposed on the UK so far during the second Trump administration. Details of the deal are still emerging.
A set of new international trade deals could be in place over the next several weeks even as the White House continues to adjust tariff levels, Council of Economic Advisers Chairman Stephen Miran said Wednesday.
The additional time for trade negotiations has been received positively by European officials, but there are many obstacles remaining to an agreement over the next month. Demands from each side do
The court ruling raises the real question about whether the wider so-called reciprocal tariffs due in July will ever come in to effect.
After a conference call with the EU Commission President, Trump restored the July 9 deadline to allow talks between the U.S. and the 27-member nations to produce a trade agreement.
South Africa has offered to buy liquefied natural gas from the United States over a 10-year period as part of proposals to secure a trade deal, according to a ministerial statement posted on the South African government news agency website.