financetom
Economy
financetom
/
Economy
/
White House adviser says three trade deals nearly done
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
White House adviser says three trade deals nearly done
May 29, 2025 6:04 AM

WASHINGTON (Reuters) -White House economic adviser Kevin Hassett said on Thursday three trade deals were nearly done and he expected more despite a trade court ruling that blocked most of President Donald Trump's tariffs.

"There are many, many deals coming. And there were three that basically look like they're done," Hassett said in an interview with Fox Business Network.

Hassett dismissed a U.S. trade court ruling on Wednesday that blocked most tariffs and found Trump had overstepped his authority as the work of "activist judges". He said he was confident the administration would win on appeal.

The administration's view is that numerous countries will open up their markets to American products in the next month or two, Hassett said.

"If there are little hiccups here or there because of decisions that activist judges make, then it shouldn't just concern you at all, and it's certainly not going to affect the negotiations," Hassett said.

There were three deals ready for Trump's review at the end of last week, Hassett said.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Goldman Sachs CEO Solomon warns of a US 'reckoning' on government debt
Goldman Sachs CEO Solomon warns of a US 'reckoning' on government debt
Oct 30, 2025
(Reuters) -Goldman Sachs ( GS ) CEO David Solomon on Thursday expressed concerns that mounting U.S. government debt will pose more of a problem if the economy does not grow faster. If we continue on the current course, and we don't take the growth level up... there will be a reckoning, Solomon told the Economic Club of Washington.  The U.S....
US weekly jobless claims fall, economists estimate
US weekly jobless claims fall, economists estimate
Oct 30, 2025
WASHINGTON (Reuters) -The number of Americans filing new applications for unemployment benefits fell last week, economists estimated on Thursday, though new job opportunities for those who are laid off remained scarce amid a reluctance by businesses to boost hiring. Initial claims for state unemployment benefits dropped to a seasonally adjusted 219,000 for the week ended October 25 from 232,000 in...
What the latest Fed rate cut means for your money - even if the next one is not certain
What the latest Fed rate cut means for your money - even if the next one is not certain
Oct 30, 2025
NEW YORK (Reuters) -The U.S. Federal Reserve cut its key interest-rate target by a quarter of a percentage point on Wednesday. But Fed Chair Jerome Powell cautioned that another move in 2025 is not guaranteed.  A further reduction in the policy rate at the December meeting is not a foregone conclusion. Far from it, Powell said, citing the challenge of...
Munis weaker as technicals set to improve
Munis weaker as technicals set to improve
Oct 30, 2025
<img src=https://public.flourish.studio/visualisation/25944400/thumbnail width=100% alt=chart visualization /> Munis were weaker Thursday, as U.S. Treasury yields were little changed and equities ended down. Technicals are supposed to become slightly more favorable into yearend, said Jeremy Holtz, a portfolio manager at Income Research + Management. November and December are neither the lightest nor the heaviest months for reinvestment during a time when issuance...
Copyright 2023-2026 - www.financetom.com All Rights Reserved