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Some trade deals may come as soon as this week: Trump

May 06, 2025

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Financial Express Pune

PRESIDENT DONALD TRUMP suggested that his administration could strike trade deals with some countries as soon as this week, offering the prospect of relief for trading partners seeking to avoid higher US import duties.

- BLOOMBERG

"It could very well be," Trump told reporters on Sunday when asked whether any trade agreements were coming this week. He didn't specify any countries.

"We're negotiating with many countries, but at the end of this, I'll set my own deals — because I set the deal, they don't set the deal," Trump said aboard Air Force One. "You keep asking the same question: 'When will you agree?' It's up to me, it's not up to them."

Trump also signaled that his aides are having conversations with counterparts from China. Financial markets have steadied in the past two weeks amid signs that talks with Asian nations are progressing and trade tensions between China and the US could ratchet down from current levels.

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Europe agrees to lend 90 bn euros to Ukraine

UKRAINE THANKED THE EU for deciding to provide it with 90 billion euros ($105.46 billion) of support over the next two years-even if the bloc failed to agree on an ambitious plan to finance it using frozen Russian assets.

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TikTok signs deals with investors to avoid US ban

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