Trump ‘Close’ to some trades: Main Assistant White House

Deputy Treasury Michael Folkender Monday said the Trump administration continues “to achieve very good progress” further Trade negotiationsAnd this is “close to the finish for a couple” transactions.

“As long as we continue to progress, I think you will see much more deals that are announced so far on July 9,” Folkender said at Squawk Box CNBC.

President Donald Trump April 9 paused his mutual tariffs About the majority of US trading partners for 90 days, pushing the implementation of steep levies by early July.

At the time Trump administration – Note They sought to close “90 transactions in 90 days”.

But almost two months after the announcement of April, the White House still announced only A deal with Britain.

However, Trump’s main advisers referred They do not plan to extend the 90-day term.

Folkender said the White House was looking for “to conclude as many of these discussions as we can” before the 90-day pause end, noting that the negotiations are “sometimes difficult”.

“We want us to reach at least the terms of the agreement before the end of this pause, as long as (trading partners) are progressing and demonstrating goodwill, we will continue to progress to announce these deals,” he said.

“We strive to make ads and bring a certain resolution to both the American people and the markets as soon as possible,” he added.

Folkender also said the White House negotiators “continue to make very good progress in several countries that should be inevitable.”

Major US stock indexes opened below MondayThe investors’ concerns were weighed on the escalation of trade tensions between the US and China.

Months, tariffs, fueled the trade war between both countries, turned out to be last month, after which after Negotiations in Switzerland. But they were again flared up last week when Trump’s administration accused China in China Violation of the pre -trade agreement Slowly making its promise to update critical minerals to the US.

China pushed back Other measures have imposed Trump’s claims on Monday and expressed against the fact that the United States had undermined Geneva’s agreement by imposing new restrictions on Chinese visas.

Director of the National Economic Council Kevin Haset Sunday signaled that Trump and Chinese President Xi Jinping can spend direct talk As soon as this week.