White House spokesman Caroline Leavitt said the Trump administration currently has “18 paper proposals” for trade transactions.
White House Press Secretary Caroline Leavitt said the Trump administration currently has “18 paper proposals” for a trade deal following the implementation of the latest tariffs.
“We spoke to our entire trade team this morning. There are a lot of progress. There are currently 18 proposals on paper brought to the trade team. Again, these are paper proposals that the countries have proposed to the Trump administration and the government,” Levitt told reporters Tuesday.
“We have Secretary Becent, Secretary Ludnick, Ambassador Greer, NEC Director Hassett and Peter Navarro, and we have an entire trade team that will meet with 34 countries this week alone,” she continued. “We’re moving at Trump speed so that these transactions are made on behalf of American workers and Americans.”
Leavitt also announced that “the president and administration are setting the stage for dealings with China.”
Bessent believes China’s impasse over tariffs will escalate
White House Press Secretary Caroline Leavitt will speak at his daily briefing in the White House Brady Briefing Room on Tuesday, April 22nd. (Saul Loeb/AFP via Getty Images/Getty Images)
“I asked the President about this before I came here and I wanted him to share with you all what we’re doing very well with the potential trade deals with China,” Leavitt said. “As I mentioned, there are currently 18 proposals and over 100 countries around the world that we would like to do business with the United States.”
Treasury Secretary Scott Bessent said at Investor Summit on Tuesday that Fox Business has learned that the US and China are expected to rule out a deadlock on tariffs as it is unsustainable for both countries.
IMF reduces forecasts of economic growth over trade tensions, policy uncertainty
Chinese President Xi Jinping is shaking hands with President Donald Trump ahead of a bilateral meeting on the sidelines of the G20 Summit held in Osaka, Japan in June 2019. (Brendan Smialowski/AFP/Getty Images/Getty Images)
Bessent said negotiations have not been launched, but the transaction is possible. A source attending the Investor Summit told Fox Business.
President Donald Trump holds a “mutual tariff” chart while speaking at the White House on April 2nd. (Chip Somodevilla / Getty Images / Getty Images)
For more information about Fox Business, click here
“Everyone involved wants to see a trade deal happen and they feel the ball is moving in the right direction,” Leavitt said.
Eric Revell from Fox Business contributed to this report.
