In a recent interview with Time magazine, Trump revealed that approximately 200 trade agreements are either completed or in progress, aimed at recalibrating the nation's trade relationships with various countries and corporations globally.
According to the Western Journal, the interview, conducted at the White House by Time's senior political correspondent Eric Cortellessa and editor-in-chief Sam Jacobs, quickly turned confrontational. The journalists pointed out that 13 days had elapsed since Trump's trade advisor suggested the possibility of 90 deals during the 90-day tariff pause on all countries except China. They questioned the lack of any deals thus far, a query that Trump met with a surprising announcement.
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"Actually, there are many deals," Trump retorted. "I'm dealing with all the companies, very friendly countries. We're meeting with China. We're doing fine with everybody. But ultimately, I've made all the deals." Trump went on to claim that he had made not just 90, but 200 deals. While Time noted that no deals had been officially announced, Trump assured that they would be unveiled within the next "three to four weeks."
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Trump's bold prediction suggests a significant shift in U.S. trade relations. He anticipates these deals will alter the global trade landscape to the advantage of the U.S. Likening the country to a "department store," Trump explained that negotiations with other entities would hinge on specific factors such as tariffs and treatment by the respective country. He also highlighted the U.S.'s financial contributions to the military of countries like Korea and Japan.
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Trump acknowledged that some of the deals might require adjustments once implemented. However, he emphasized to the Time interviewers and the global audience of politicians and business leaders that the U.S. is in a position to dictate terms. "We're a department store, a giant department store, the biggest department store in history," he said. "Everybody wants to come in and take from us. They're going to come in and they're going to pay a price for taking our treasure, for taking our jobs, for doing all of these things."
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Trump also credited his tariff strategy for attracting unprecedented levels of investment into the United States. "We have $7 trillion of new plants, factories and other things, investment coming into the United States. And if you look back at past presidents, nobody was anywhere near that," he said. "And this is in three months."
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Trump's first three months in office have been eventful, with significant changes in the U.S. military, support for Israel in its conflict with the Hamas terrorist group, efforts to broker peace in Russia's war against Ukraine, and dealing with Iran's nuclear ambitions. If Trump's prediction about the upcoming trade deals materializes, the next "three to four weeks" could be pivotal for the remainder of his presidency.
