Ari Hawkins

1 month ago | yahoo.com | Megan Messerly |Daniel Desrochers |Ari Hawkins |Phelim Kine

President Donald Trump on Thursday notched his first trade win ahead of his debut on the global stage in the Middle East next week. But the deal with the United Kingdom the president announced in the Oval Office — surrounded by many of his top lieutenants and with Prime Minister Keir Starmer on speakerphone — falls short of a trade agreement in a traditional sense. Instead, it is a framework targeting trade in specific sectors, coupled with an agreement to flesh the rest out later.

1 month ago | yahoo.com | Doug Palmer |Ari Hawkins

President Donald Trump announced the framework for a trade deal with the U.K., the first agreement the White House has reached since launching steep new global tariffs last month. “The final details are being written in the coming weeks,” Trump said during an event in the Oval Office, adding that the deal would provide new market access in the U.K. for American agriculture, chemicals, machinery and many other industrial products.

1 month ago | yahoo.com | Megan Messerly |Ari Hawkins |Daniel Desrochers

The White House is closing in on general agreements with Japan and India to stave off massive U.S. tariffs, but they are likely to leave many of the thorny details to be hashed out at a later date. In the absence of full-fledged trade deals, administration officials are working to ink what three people close to the White House described as “memorandums of understanding” or a broad “architecture” for future deals. They were granted anonymity to discuss the details of internal deliberations.

1 month ago | yahoo.com | Daniel Desrochers |Ari Hawkins |Phelim Kine |Megan Messerly |Felicia Schwartz

Trump administration officials are negotiating trade deals with select allies, while leaving most countries hit by Donald Trump’s tariffs in the dark about what the president wants from them. The administration is embarking on a daunting sprint of talks with more than 70 countries in 90 days, amid a turbulent stock market and growing disapproval from Americans.

1 month ago | yahoo.com | Megan Messerly |Ari Hawkins

President Donald Trump this week upended not just his tariff strategy but his trade team. Former hedge fund manager and Treasury Secretary Scott Bessent — the White House’s main conduit to beleaguered financial markets — is now at the helm, with populist Peter Navarro relegated to the sidelines and Wall Street punching bag Howard Lutnick recast into the role of “bad cop,” according to three people close to the White House, granted anonymity to speak frankly about internal dynamics.