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

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.