President Trump on Tuesday downplayed the urgency of signing trade agreements, according to CNBC. The president said the U.S. doesn't need to “sign deals” and likened the American economy to a “super luxury store,” according to comments made during a meeting with Canadian Prime Minister Mark Carney. The statement contradicts weeks of assurances from top White House officials, including Treasury Secretary Scott Bessent, who told CNBC Monday the U.S. is “very close” to securing bilateral agreements. Markets dipped Tuesday afternoon following Trump’s remarks, as investors grow increasingly anxious for concrete progress on trade talks with India, South Korea, and Japan amid economic headwinds from tariffs.
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00:00It's Benzinga bringing Wall Street to Main Street.
00:02President Trump on Tuesday downplayed the urgency of signing trade agreements, according to CNBC.
00:07The president said the U.S. doesn't need to sign deals and liken the American economy
00:10to a super luxury store, according to comments made during a meeting with Canadian Prime Minister
00:15Mark Carney. The statement contradicts weeks of assurances for top White House officials,
00:21including Treasury Secretary Scott Besson, who told CNBC Monday the U.S. is very close
00:26scaring bilateral agreements. Markets tip Tuesday afternoon following Trump's remarks
00:31as investors grow increasingly anxious for concrete progress on trade talks with India,
00:36South Korea and Japan made economic headwinds from tariffs.
00:40For all things money, visit Benzinga.com slash GSTV.