President Trump is currently under pressure regarding trade deals with various nations as the 90-day pause on reciprocal tariffs nears its end. Despite earlier claims that agreements were imminent, he stated on May 6 that he isn't rushing to conclude any deals, implying the onus is on other countries to negotiate. Particularly with China, discussions continue, with Treasury Secretary Bessent noting the complexity of the situation. Upcoming talks in Switzerland may signify significant developments, though there is no consensus on the negotiationsâ progress.
Trump said on May 6 that he's not in a rush to sign a deal. In previous weeks, the president had said that trade deals could be announced soon, only for nothing to happen.
"Everyone says, 'When, when, when are you going to sign deals?' We don't have to sign deals. We could sign 25 deals right now, Howard, if we wanted," Trump said.
Treasury Secretary Scott Bessent has said that a deal with China is more complex, so the Trump administration views it as separate from discussions with roughly 17 other nations.
A breakthrough could be coming. On May 6, Bessent said that he and US Trade Representative Jamieson Greer will travel to Switzerland for face-to-face talks with He Lifeng, China's top economic official.
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