Trump actively pursuing expansive trade agreements, beyond those involving tariffs.
Hey there! Let's dive into the latest on the Trump administration's trade talks. Liz Claman from FOX Business has the scoop on 'The Claman Countdown.'
Sources close to the White House have revealed that President Trump is eyeing larger trade deals with a bunch of countries beyond just lowering tariffs. These countries include Japan, Vietnam, Argentina, the United Kingdom, South Korea, and the European Union.
A White House press secretary, Karoline Leavitt, disclosed that the administration has received 18 proposals from various countries, though she didn't specify which nations are submitting offers.
It seems like things are moving along nicely, mate. China, too, is reportedly mulling over exempting certain American imports from their hefty 125% tariffs as the economic consequences of their ongoing trade spat with Washington become more noticeable.
Now, here's a twist: China claimed last week they weren't negotiating with the U.S. over tariffs, despite Trump hinting at the possibility of reducing the hefty 145% tax on Chinese imports significantly. However, Trump shared recently that there have been meetings with China, but he's keeping tight-lipped about who exactly he's referring to.
So, there you have it. Stay tuned for updates on these trade talks, as they're part of Trump's broader plans to tackle trade imbalances and boost American competitiveness on a global scale.
[1] FOX Business, "What is the status of the Trump trade negotiations?" 2025. Accessed 2025-05-17.
[2] CNBC, " Trump administration working on 'comprehensive' trade agreements with multiple countries." 2025. Accessed 2025-05-17.
[3] European Commission, " European Commission adopts tariff measures as part of prolonged steel and aluminum dispute with the USA." 2025. Accessed 2025-05-17.
[4] Council on Foreign Relations, " US-China Trade: Background and Implications." 2020. Accessed 2025-05-17.
[5] Peterson Institute for International Economics, "US-China Trade: Another Perspective." 2020. Accessed 2025-05-17.
- Reporters from FOX Business, such as Liz Claman, sent multiple reports regarding the status of the Trump trade negotiations, delving into specifics on 'The Claman Countdown' in 2025.
- In business and finance news, the Trump administration confirmed they are working on extensive, comprehensive trade agreements with countries like Japan, Vietnam, Argentina, the United Kingdom, South Korea, and the European Union, planned for implementation by 2025.
- An essential aspect of these agreements involves negotiations on tariffs, with China considering exemptions for certain American imports from the hefty 125% tariffs, as a consequence of their ongoing trade disputes with Washington becomes increasingly apparent.
- Political analysts and finance experts, including those at the Council on Foreign Relations and the Peterson Institute for International Economics, closely monitor the progress of these trade agreements and their implications for the global economy.
- Karoline Leavitt, a White House press secretary, unveiled in a press conference that the administration has received 18 proposals from several countries for trade negotiations, yet she did not disclose the identities of the respective nations submitting offers, as of 2025.
