Trump ‘close’ on some trade deals: Top White House aide

Deputy Secretary of the Treasury Michael Faulkender said on Monday that the Trump administration continues to “make very good progress” trade negotiationsAnd he is “close to the finish line on a couple” of offers.

“As long as we continue to progress, I think you will see many more offers announced before this period of July 9,” said Faulkender on the “Squawk box” of CNBC.

President Donald Trump April 9 break his “reciprocal” prices On most American trade partners for 90 days, pushing the implementation of steep samples in early July.

At the time, the Trump administration said He aimed to conclude “90 offers in 90 days”.

But almost two months after the April announcement, the White House has so far announced that An agreement with Great Britain.

Nevertheless, the best Trump advisers indicated They do not plan to extend the deadline for 90 days.

Faulkender said that the White House seemed to “conclude as much of these discussions as possible” before the expiration of the 90 -day break, noting that the negotiations “are sometimes complicated”.

“We want to see that we reach at least the terms of an agreement before the expiration of this break, as long as [trade partners] Make progress and demonstrate good will, we will continue to progress towards the announcement of these transactions, “he said.

“We are looking to make announcements and bring a certain resolution, both to the American people and to the markets, as quickly as possible,” he added.

Faulkender also said that White House negotiators “continue to make very good progress in some countries that should be imminent”.

The main American stock market indices opened on MondayAlternated by the concerns of investors concerning the climbing of trade tensions between the United States and China.

The trade war fueled by one month’s prices between the two countries seemed to defuse last month after Negotiations in Switzerland. But they broke out again last week, when the Trump administration accused China of violate a preliminary trade agreement By slowly walking his commitment to renew the export of critical minerals to the United States

China has rejected Trump’s statements on Monday and replied that the United States had undermined the Geneva Agreement by imposing new restrictions on Chinese student visas, among other measures.

Director of the National Economic Council Kevin Hassett reported on Sunday that the president of Trump and China Xi Jinping could hold a talk From this week.