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White House adviser says three trade deals nearly done

Published by Global Banking & Finance Review

Posted on May 29, 2025

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· Last updated: January 23, 2026

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White House adviser says three trade deals nearly done
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WASHINGTON (Reuters) -White House economic adviser Kevin Hassett said on Thursday three trade deals were nearly done and he expected more despite a trade court ruling that blocked most of President

White House Economic Adviser Confirms Three Trade Deals Near Completion

WASHINGTON (Reuters) -White House economic adviser Kevin Hassett said on Thursday three trade deals were nearly done and he expected more despite a trade court ruling that blocked most of President Donald Trump's tariffs.

"There are many, many deals coming. And there were three that basically look like they're done," Hassett said in an interview with Fox Business Network.

Hassett dismissed a U.S. trade court ruling on Wednesday that blocked most tariffs and found Trump had overstepped his authority as the work of "activist judges". He said he was confident the administration would win on appeal.

The administration's view is that numerous countries will open up their markets to American products in the next month or two, Hassett said.

"If there are little hiccups here or there because of decisions that activist judges make, then it shouldn't just concern you at all, and it's certainly not going to affect the negotiations," Hassett said.

There were three deals ready for Trump's review at the end of last week, Hassett said.

(Reporting by Doina Chiacu; Editing by Susan Fenton and Barbara Lewis)

Key Takeaways

  • Three trade deals are nearly completed according to Kevin Hassett.
  • A U.S. trade court ruling blocked most of Trump's tariffs.
  • Hassett is confident the administration will win on appeal.
  • Markets are expected to open to American products soon.
  • Three deals are ready for Trump's review.

Frequently Asked Questions

What did Kevin Hassett say about the trade deals?
Kevin Hassett mentioned that three trade deals are nearly done and expects more to follow. He expressed confidence in the administration's ability to negotiate despite recent legal challenges.
How did Hassett respond to the trade court ruling?
Hassett dismissed the trade court ruling that blocked most tariffs, labeling it as the work of 'activist judges.' He stated that such rulings would not affect ongoing negotiations.
What is the administration's outlook on market openings?
The administration believes that numerous countries will open their markets to American products in the coming month or two, according to Hassett.

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