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US expects to announce several trade deals soon: Bessent

US expects to announce several trade deals soon: Bessent

Nikkei Asia16 hours ago
U.S. Treasury Secretary Scott Bessent speaks to reporters at the Capitol building in Washington on June 27. © Reuters
WASHINGTON (Reuters) -- The United States is close to clinching several trade deals ahead of a July 9 deadline when higher tariffs kick in, U.S. Treasury Secretary Scott Bessent said on Sunday, predicting several big announcements in coming days.
Bessent told CNN's "State of the Union" that President Donald Trump would also send out letters to 100 smaller countries with whom the U.S. doesn't have much trade, notifying them that they would face higher tariff rates first set on April 2 and then suspended until July 9.
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