Kevin Hassett says "rough outlines" of tariff deals are "becoming clear"

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Washington — White House National Economic Council manager Kevin Hassett said Sunday that "rough outlines of the deals are becoming clear" up of a key tariff deadline this week, with agreements similar the U.K. and Vietnam deals serving arsenic "guidelines for what mightiness happen" with different countries.

"There's going to beryllium rather a spot of quality this week, and I deliberation the header of the quality is that determination are going to beryllium deals that are finalized," Hassett said connected "Face the Nation with Margaret Brennan."

With President Trump's 90-day frost connected sweeping U.S. tariffs acceptable to expire Wednesday, the White House has touted caller commercialized agreements with countries successful caller weeks, similar China, the U.K. and Vietnam. But determination are inactive questions heading into the week with different deals yet to beryllium announced.

The president connected April 2 unveiled a 10% baseline tariff connected astir each U.S. trading partners portion expanding levies connected dozens of different countries. Days later, arsenic investors appeared spooked, Mr. Trump announced a 90-day intermission connected astir of his caller tariffs, keeping the 10% baseline successful spot portion raising the tariff complaint connected goods imported from China. Chinese goods are present taxable to 30% across-the-board tariffs.

Hassett said Sunday that determination are a "whole number" of deals that U.S. commercialized typical Jamieson Greer has negotiated with overseas governments, on with letters to beryllium sent to countries wherever "deals aren't precocious enough" this week. Mr. Trump told reporters Friday that the U.S. volition commencement sending letters Monday to astir a twelve countries.

Though Hassett wouldn't stock immoderate details astir the countries acceptable to person the letters, helium said the notices could spell to some tiny and ample trading partners. Hassett outlined the anticipation of getting a woody "at the past minute" with the letters, saying "until we spot everything that plays out, I deliberation that we request to conscionable clasp our occurrence and ticker for the quality this week."

Asked by elder White House analogous Weijia Jiang whether the president volition widen the intermission for immoderate of the astir important trading partners if deals don't travel unneurotic by Wednesday, Hassett said "the United States is ever consenting to speech to everybody astir everything that's going connected successful the world."

"There are deadlines, and determination are things that are close, and truthful possibly things volition propulsion backmost past the deadline, oregon possibly they won't," Hassett said. "In the end, the president's going to marque that judgment."

Mr. Trump said Friday that helium would apt commencement the tariffs connected Aug. 1. Meanwhile, Treasury Secretary Scott Bessent said Sunday connected CNN's "State of the Union" that the president would nonstop the letters, informing countries that "'if you don't determination things along, then, connected Aug. 1, you volition boomerang backmost to your April 2 tariff level.'" Bessent clarified that "it's not a caller deadline," but alternatively "we are saying this is erstwhile it's happening."

Hassett touted the commercialized strategy Sunday, saying "people are responding to President Trump's imaginable threats to person precocious tariffs connected countries by moving their enactment present into the U.S., which is creating jobs."

"I deliberation there's a contention close present to get enactment into the U.S., and successful part, that contention has been kicked disconnected by President Trump," Hassett added.

Kaia Hubbard

Kaia Hubbard is simply a authorities newsman for CBS News Digital, based successful Washington, D.C.

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