Deputy Treasury Secretary Michael Faulkender said Monday that the Trump administration continues “to make very good progress” on trade negotiations, and it is “close to the finish line on a couple” of deals.
“As long as we continue to make progress, I think you’re going to see a lot more deals that are announced prior to that July 9 time frame,” Faulkender said on CNBC’s “Squawk Box.”
President Donald Trump on April 9 paused his “reciprocal” tariffs on most U.S. trade partners for 90 days, pushing implementation of the steep levies to early July.
At the time, the Trump administration said it was aiming to close “90 deals in 90 days.”
But nearly two months after the April announcement, the White House has so far only announced a deal with Britain.
