The Trump administration is running out of time on its self-imposed 90-day deadline to craft 90 trade agreements in the wake of Donald Trump’s sweeping tariff pitch. By mid-April, the administration claimed it had more than a dozen potential deals in the works with nations eager to sort out their trade arrangements with the United States. But since then, the White House has had practically nothing positive to show for its drastic economic overhaul.
“There’ve been a whole bunch of deals,” Hassett laughed.
“So you don’t think the deal with China counts as a deal? The deal with the U.K.? We’ve got an agreement in principle with India,” Hassett said.
REPORTER: You told us before "liberation day" that you had 15 countries that were on the brink of making a deal. It's been two months and you have one deal.HASSETT: No. There have been a whole bunch of deals. So you don't think the deal with China counts as a deal? We have an… pic.twitter.com/H3hmBArSrX
— Aaron Rupar (@atrupar) May 19, 2025“This shifts the negotiating dynamic,” Stephen Olson, a former U.S. trade negotiator, told Bloomberg. “Many countries will look at the outcome of the Geneva negotiations and conclude that Trump has begun to realize that he has overplayed his hand.”
Some of those nations could be banking on the fact that the U.S. will be the first to feel the sting of Trump’s tariffs, forcing a policy change from within, before they have to show their own hands.
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