After President Donald Trump spoke May 8 about a trade deal with the U.K., he took questions from reporters, and one asked whether the U.S. will lower tariffs on China if talks involving Treasury Secretary Scott Bessent, U.S. Trade Representative Jamieson Greer and China's vice premier go well over the weekend.
Vice President JD Vance, at a Q&A with Wolfgang Ischinger, a former German ambassador to the U.S., said it should be "very, very easy" to talk with officials at the EU about the bloc lowering its regulatory barriers to trade and its approach to U.S. tech giants.
President Donald Trump, in a social media post, complained that other countries are offering "all sorts of incentives to draw our filmmakers and studios away from the United States," and that Hollywood and other U.S. regions "are being devastated." He said this is national security threat. "It is, in addition to everything else, messaging and propaganda! Therefore, I am authorizing the Department of Commerce, and the United States Trade Representative, to immediately begin the process of instituting a 100% Tariff on any and all Movies coming into our Country that are produced in Foreign Lands. WE WANT MOVIES MADE IN AMERICA, AGAIN!"
In a town hall call-in appearance April 30, President Donald Trump said that his administration has “potential” tariff deals negotiated with South Korea, Japan and India, but said they weren’t in a hurry to announce them -- “it can wait two weeks.”
In an interview with Time magazine, President Donald Trump said he delayed the country-by-country reciprocal tariff rates in early April not because the bond market was panicking, but because he needed time to come up with rates that they deserve.
Treasury Secretary Scott Bessent said that trade negotiations with South Korea are "moving faster" than expected and that technical details could be available as soon as next week.
President Donald Trump criticized business officials who have said his tariffs actions are damaging, bragged about countries and executives asking for breaks, and made a list of non-tariff cheating he wants countries to end, all on social media over the weekend.
Vice President JD Vance issued a statement that said he and Indian Prime Minister Narendra Modi "welcomed significant progress in the negotiations for a U.S.-India Bilateral Trade Agreement (BTA) and formally announced the finalization of the Terms of Reference for the negotiations, laying down a roadmap for further discussions about our shared economic priorities."
President Donald Trump seemed to say April 17 he doesn’t intend to raise tariffs on China further, and that he might actually be looking to lower them.
An April 15 executive order from President Donald Trump calls for examining the impact of importing higher volumes of prescription drugs to lower prescription drug costs in the U.S.