Washington – The director of the National House Council, Kevin Hassett, said on Sunday that “raw contours of transactions become clear” before a Key rate deadline This week, with agreements like the United Kingdom and the offers in Vietnam used as “directives for what could happen” with other countries.
“There will be a lot of news this week, and I think the title of the news is that there will be finalized offers,” Hassett said on “Face The Nation with Margaret Brennan. “”
With the 90 -day freezing of President Trump on Sweep To expire Wednesday, the White House presented new trade agreements with countries in recent weeks, such as China, the United Kingdom and Vietnam. But there are still questions before the week with other offers to announce.
THE President on April 2 Unveiled a reference rate of 10% on almost all American trade partners while increasing the samples from dozens of other countries. Days later, as Investors appeared frightenedTrump announced a 90 -day break on most of his new prices, keeping the reference base by 10% while increasing the rate of prices imported from China. Chinese products are now subject to 30% prices between the edges.
Hassett said on Sunday that there was an “whole number” of transactions that the American representative of trade Jamieson Greer negotiated with foreign governments, as well as letters to be sent to countries where “offers are not sufficiently advanced” this week. Trump told journalists on Friday that the United States will start sending letters on Monday to a dozen countries.
CBS News
Although Hassett did not share any details on the countries that should receive the letters, he said that opinions could go to small and large business partners. Hassett described the possibility of obtaining a “last minute” agreement with the letters, saying “until we see everything that is going on, I think we just have to hold our fire and monitor the news this week.”
Questioned by the main correspondent of the White House Weijia Jiang if the president will extend the break for some of the most important business partners if the agreements do not meet on Wednesday, Hassett said that “the United States is always ready to talk to everyone about everything that is happening in the world.”
“There are deadlines, and there are things that are close, and therefore perhaps things will reject the deadline, or maybe they will not do it,” said Hassett. “In the end, the president will make this judgment.”
Trump said on Friday that he would likely start the prices on August 1. Meanwhile, the secretary of the Treasury, Scott Bessent, said on Sunday on the “state of the Union” of CNN that the president would refer the letters, informing the countries that “if you do not move things, then, on August 1, you will not have a new dead line”, but rather that it is not a new dead line “, but rather that this is not the case.
Hassett praised the commercial strategy on Sunday, saying that “people respond to President Trump’s potential threats to have high prices on countries by moving their activity here in the United States, which creates jobs.”
“I think there is a race right now to get activities in the United States, and in part, this race has been launched by President Trump,” added Hassett.