Trump says he is willing to make deals on tariffs
Published by Global Banking & Finance Review®
Posted on March 28, 2025
1 min readLast updated: January 24, 2026
Published by Global Banking & Finance Review®
Posted on March 28, 2025
1 min readLast updated: January 24, 2026
Trump is open to negotiating trade deals with countries after announcing reciprocal tariffs on April 2. The pharmaceutical industry will also face new tariffs.
ABOARD AIR FORCE ONE (Reuters) - U.S. President Donald Trump said on Friday that he was open to carving out deals with countries seeking to avoid U.S. tariffs but those agreements would have to be negotiated after his administration announces reciprocal tariffs on April 2.
Speaking to reporters aboard Air Force One, Trump also said that he would soon be announcing tariffs targeting the pharmaceutical industry, but declined to give any details on when or at what tariff rate.
Trump told reporters countries including Britain had approached the United States to try to cut deals and avert the reciprocal tariffs.
"They want to make deals. It's possible if we can get something for the deal," he said. "But yeah, I'm certainly open to that. If we can do something where we get something for it."
Asked if such deals could happen before April 2, Trump said, "No, probably later. It's a process."
(Reporting by Andrea Shalal; Writing by Ismail Shakil; editing by Kanishka Singh and Sandra Maler)
The main topic is Trump's openness to negotiating trade deals with countries following the announcement of reciprocal tariffs.
The pharmaceutical industry is specifically mentioned as facing new tariffs, though details are pending.
The reciprocal tariffs are set to be announced on April 2.
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