Treasury Secretary Scott Bessent described the trade tensions with China, as an embargo. He noted that this situation is unsustainable and expressed optimism about potential de-escalation, though formal negotiations had not yet started.
BREAKING: Stocks pare gains as US Treasury Secretary Bessent describes the current trade situation with China as an “embargo.” pic.twitter.com/BrHowYXP4K
— The Kobeissi Letter (@KobeissiLetter) April 22, 2025
WH: 18 proposals on paper for trade deals
White House Press Secretary Karoline Leavitt announced on Tuesday that foreign nations have submitted 18 written trade proposals to the US negotiating team.
"There is a lot of progress being made. We now have 18 proposals on paper that have been brought to the trade team," she added. The press secretary noted that the negotiating team will meet with representatives from 34 nations this week alone.
Earlier, Politico reported that the White House was nearing preliminary trade agreements with Japan and India to prevent substantial US tariff increases, though crucial specifics would likely need to be negotiated in subsequent discussions.
breakingthenews.net
... But no sign of China.
Didn’t they say they’ve been in touch with almost 70 countries? Surely there are other countries that still do not know what to propose and that do not look like Nayib Bukele of El Salvador.
"There is a lot of progress being made. We now have 18 proposals on paper that have been brought to the trade team," she added. The press secretary noted that the negotiating team will meet with representatives from 34 nations this week alone.
Earlier, Politico reported that the White House was nearing preliminary trade agreements with Japan and India to prevent substantial US tariff increases, though crucial specifics would likely need to be negotiated in subsequent discussions.

WH: 18 proposals on paper for trade deals
White House Press Secretary Karoline Leavitt announced on Tuesday that foreign nations have submitted 18 written trade proposals to the US negotiating team.
... But no sign of China.
Didn’t they say they’ve been in touch with almost 70 countries? Surely there are other countries that still do not know what to propose and that do not look like Nayib Bukele of El Salvador.
.@SecScottBessent: "There are 50, 60, maybe almost 70 countries now who have approached us."
— Rapid Response 47 (@RapidResponse47) April 7, 2025
President Trump "gave himself maximum negotiating leverage — and just when he has achieved the maximum leverage, he's willing to start talking." pic.twitter.com/TfO7A0deVW
Last edited by a moderator: