The United States is at a critical moment in its trade policy, with the White House announcing significant progress in negotiations that could reshape the American economy. On April 22, 2025, Press Secretary Karoline Leavitt revealed that 18 countries have submitted formal trade proposals, and over 100 nations are eager to strike deals with the U.S. This flurry of activity follows President Donald Trump’s decision earlier this month to pause reciprocal tariffs on foreign imports for 90 days, except for China, giving other nations a chance to negotiate fair agreements. Leavitt emphasized the administration’s commitment, stating, “We are moving at Trump speed to ensure these deals are made on behalf of the American worker and the American people.”
The Stakes of Global Trade
For years, President Trump has argued that previous trade deals put the U.S. at a disadvantage, leading to job losses and massive trade deficits. His administration is now focused on securing agreements that prioritize American workers and businesses. Leading this effort is a powerhouse trade team, including Commerce Secretary Howard Lutnick, Treasury Secretary Scott Bessent, National Economic Council Director Kevin Hassett, U.S. Trade Representative Jamieson Greer, and senior adviser Peter Navarro. Leavitt highlighted their intense work schedule, noting, “You have Secretary Bessent, Secretary Lutnick, Ambassador Greer, NEC Director Hassett, and Peter Navarro, the entire trade team meeting with 34 countries this week alone.”
These negotiations are about more than just numbers—they’re about ensuring that American workers get a fair shot in the global market. The administration’s goal is to reduce trade barriers, boost exports, and create jobs, all while protecting U.S. industries from unfair foreign practices.
A Potential Breakthrough with China
One of the most significant developments is the progress toward a trade deal with China, the world’s second-largest economy. The U.S. has imposed 145% tariffs on Chinese goods, prompting China to retaliate with 125% tariffs on American imports. Despite this tense standoff, the White House remains optimistic. Leavitt shared, “I asked the president about this before coming out here, and he wanted me to share with all of you that we’re doing very well in respect to a potential trade deal with China.” She added, “The president and the administration are setting the stage for a deal with China. So, we feel everyone involved wants to see a trade deal happen, and the ball is moving in the right direction.”
Treasury Secretary Scott Bessent echoed this optimism at an investor summit, stating that the current tariff war is unsustainable for both nations. According to a source who attended the summit, Bessent believes that while formal negotiations haven’t started, a deal is within reach. A trade agreement with China could stabilize global markets, lower costs for consumers, and open new opportunities for American businesses.
Major Steps with India and Japan
The U.S. is also making strides with other key partners. Vice President JD Vance recently traveled to New Delhi, where he met with Indian Prime Minister Narendra Modi. The two leaders announced a “terms of reference” for a trade deal, which Leavitt described as “essentially a framework to move the ball forward to sign a good trade deal between our two nations.” She called it a “big deal,” emphasizing that “the monetary trade barriers and the nonmonetary trade barriers from India, they have been ripping off the United States and American workers for a very long time.” This framework could lead to increased U.S. exports to India, a fast-growing market, and create jobs back home.
Similarly, the U.S. and Japan are reportedly close to finalizing an interim trade deal. Japan, a major economic ally, represents a significant opportunity for American businesses, particularly in agriculture and manufacturing. These agreements with India and Japan signal the administration’s ability to negotiate with diverse partners while advancing U.S. interests.
A Global Race to Partner with the U.S.
The White House’s announcement that over 100 countries are seeking trade deals underscores America’s strong position in global trade. Leavitt noted, “There have now been 18 proposals and more than 100 countries around the world who are wanting to make a deal with the United States of America.” These proposals, described as “on paper” and under review by the trade team, reflect the international community’s recognition of the U.S. as a vital economic partner.
The urgency of these negotiations was evident in the stock market’s response. On April 22, the Dow Jones Industrial Average and the S&P 500 both rose by 2%, driven by optimism about de-escalating trade tensions, particularly with China. This market rally came after a turbulent period, including a sharp drop following Trump’s imposition of a 10% across-the-board tariff on imports, plus additional tariffs on Canada, Mexico, and over 60 other countries. The pause on these tariffs has given markets and negotiators breathing room to work toward mutually beneficial deals.
Challenges and Criticisms
Despite the progress, challenges remain. The administration’s aggressive tariff strategy has sparked concerns about economic slowdown. The International Monetary Fund recently cut its U.S. economic growth forecast, citing trade tensions and policy uncertainty. Additionally, Trump’s public criticism of Federal Reserve Chairman Jerome Powell has added to market volatility. On social media, Trump wrote, “Jerome Powell of the Fed, who is always too late and wrong, yesterday issued a report which was another, and typical, complete ‘mess!’” He has pressured Powell to lower interest rates, arguing that high rates could slow the economy amid the trade war.
Leavitt addressed these concerns, defending Trump’s stance: “The President has made his position on the Fed and on Powell very clear. [He] believes that they have been making moves and taking action in the name of politics, rather than in the name of what’s right for the American economy.” While the administration pushes for lower rates, it remains focused on trade as a driver of long-term growth.
Looking to the Future
The Trump administration’s trade strategy is a high-stakes gamble, but the early results are promising. With 18 concrete proposals, talks with 34 countries in a single week, and progress with major players like China, India, and Japan, the U.S. is positioning itself as a global trade leader. These deals have the potential to create millions of jobs, boost American manufacturing, and strengthen the economy for years to come.
As Leavitt put it, the administration is working tirelessly to deliver for the American people. “There is a lot of progress being made,” she said. “We now have 18 proposals on paper that have been brought to the trade team.” If these negotiations succeed, they could mark a turning point in U.S. trade policy, proving that bold moves can lead to big rewards.
