Headlines
White House adviser says three trade deals nearly done
Published by Global Banking & Finance Review®
Posted on May 29, 2025
1 min readLast updated: January 23, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on May 29, 2025
1 min readLast updated: January 23, 2026
White House economic adviser Kevin Hassett announced that three trade deals are nearly complete, despite a court ruling against Trump's tariffs.
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.
(Reporting by Doina Chiacu; Editing by Susan Fenton and Barbara Lewis)
Kevin Hassett mentioned that three trade deals are nearly done and expects more to follow. He expressed confidence in the administration's ability to negotiate despite recent legal challenges.
Hassett dismissed the trade court ruling that blocked most tariffs, labeling it as the work of 'activist judges.' He stated that such rulings would not affect ongoing negotiations.
The administration believes that numerous countries will open their markets to American products in the coming month or two, according to Hassett.
Explore more articles in the Headlines category
