Trump downplays tariff talks: ‘We do not have to signal offers’

“The Art of the Deal” creator President Donald Trump mentioned in a shocking remark Tuesday that the United States does now not wish to “sign deals” with business companions, in spite of most sensible White House officers claiming for weeks that such offers are the management’s most sensible precedence.

“Everyone says, ‘when, when, when are you going to sign deals?'” Trump grumbled all the way through a White House assembly with Canadian Prime Minister Mark Carney.

“We don’t have to sign deals, they have to sign deals with us. They want a piece of our market. We don’t want a piece of their market,” Trump mentioned.

After weeks of touting what number of international locations had been soliciting for bilateral business talks with the United States, the president and his crew haven’t begun to announce any formal agreements or frameworks.

“I wish they’d … stop asking, how many deals are you signing this week?” mentioned Trump, obviously pissed off on the mounting power at the White House to turn growth on business talks. “Because one day we’ll come and we’ll give you 100 deals,” he mentioned.

Trump’s effort to deprioritize business offers Tuesday marked a flip clear of what his Treasury Secretary informed CNBC the day sooner than.

The U.S. is “very close to some deals,” Scott Bessent mentioned on “Money Movers.”

Trump himself mentioned Sunday on Air Force One that there “could very well be” business offers rolled out this week. “At the end, I’m setting the deal,” he informed newshounds en path to Washington.

Speaking remaining week all the way through a NewsNation the town corridor, Trump additionally mentioned that his management has “potential deals” with India, South Korea and Japan.

He additionally mentioned remaining week that negotiations with India had been “coming along great” and the U.S. will “likely have a deal with India.”

On Tuesday, then again, Trump blamed most sensible aides like Bessent and Commerce Secretary Howard Lutnick for overpromising business offers.

“I think my people haven’t made it clear, we will sign some deals,” mentioned Trump. “But much bigger than that is we’re going to put down the price that people are going to have to pay to shop in the United States. Think of us as a super luxury store, a store that has the goods.”

U.S. markets moved decrease Tuesday afternoon after Trump made the feedback about offers.

Investors and trade leaders are desperately hoping the Trump management can negotiate a chain of bilateral agreements with main U.S. buying and selling companions like Japan, South Korea and India sooner than the total brunt of the tariff triggered business slowdown hits the U.S. financial system.

But up to now, the Trump management has now not supplied any information about any particular offers. Instead, just about each day, most sensible aides publicly declare that a number of offers are “close” and might be introduced inside of days.