The White House is doubling down on its economic strategy as National Economic Council Director Kevin Hassett announces a surge of proposed trade deals following President Trump’s aggressive tariff policies. Speaking from Washington, D.C., Hassett says that over ten countries have approached the administration with what he describes as “amazing” trade deal offers, suggesting a shift in global posture as foreign governments attempt to avoid the economic fallout of U.S. tariffs.
Hassett emphasizes that these developments signal success for the Trump administration’s controversial trade strategy, which has drawn significant international criticism and triggered retaliatory tariffs from key allies and trade partners. The economic adviser maintains a confident outlook, stating there is “no chance” the United States will fall into a recession this year. His remarks aim to reassure investors and the American public amid growing fears about economic instability sparked by the ongoing tariff battles.
Critics, however, continue to raise concerns about the broader impact of the tariffs on American consumers, manufacturers, and farmers. Many economists warn that escalating trade tensions could slow economic growth and increase the likelihood of a downturn. Despite this, Hassett remains firm in his belief that the administration’s stance will ultimately lead to fairer trade terms and a stronger economic position for the U.S.
Hassett also addresses recent allegations that White House officials may have engaged in insider trading ahead of the administration’s surprise pause on certain tariffs announced last week. The pause temporarily eased tensions and led to notable fluctuations in stock markets. Some watchdogs and political opponents questioned whether officials used privileged information to benefit financially before the announcement. Hassett forcefully denies the allegations, calling them baseless and politically motivated.
The Trump administration has used tariffs as a core tool of its foreign and economic policy, aiming to pressure countries into revising trade agreements perceived as unfair to American interests. Previous tariffs on steel, aluminum, and a wide range of Chinese goods have already reshaped global supply chains and triggered diplomatic frictions. Now, with Hassett claiming that new trade agreements are imminent, the White House is trying to frame its policy as effective leverage rather than economic brinkmanship.
While no specific countries or terms have been disclosed, Hassett’s comments suggest that a wave of bilateral or multilateral negotiations could soon shift from behind-the-scenes discussions to formalized deals. The administration appears eager to showcase these as political victories ahead of the upcoming election cycle.
As the global economic environment remains volatile, and U.S. businesses continue to voice concern over rising import costs and market uncertainty, the true impact of Trump’s tariff strategy may not be fully known for months. Still, for now, the White House is projecting optimism, with Hassett leading the charge to frame recent developments as proof that the plan is working.
