Treasury Secretary Scott Bessent offered some more clues about tariff/trade negotiations as the president’s latest deadline approaches this week. “We are going to have several announcements in the next 48 hours,” Bessent said during an interview Monday morning on CNBC. “I think what President Trump is concerned about is the quality of the deals, not the quantity.”

JOE KERNEN, CNBC: Let’s move on to trade. And it’s amazing how quickly things move. I know yesterday you said by Wednesday we might have a couple more deals to announce. I know it’s Monday, it’s not even 9:00 yet. Can you give us any idea whether that’s likely? Is India-is that in the mix? Can you break any news for us here that something’s going to happen in the next 48 hours? SECRETARY SCOTT BESSENT: Yeah. We are going to have several announcements in the next 48 hours. And Joe, I think what President Trump is concerned about is the quality of the deals, not the quantity. As you could imagine, as he started herding the cats and trying to get everyone across the finish line, when he said that there’s a chance that countries could boomerang back to their April 2nd reciprocal tariff levels, we’ve had a lot of people change their tune in terms of negotiations. So my mailbox was full last night with a lot of new offers, a lot of new proposals. So it’s going to be a busy couple of days. But importantly, too, President Trump has said that the countries would not go back to the reciprocal rate until August 1st.

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