The Dow Jones (DJIA) opened Friday’s trading session in the green as President Trump teases several trade deals with key U.S. trading partners.
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On Friday morning, Trump said that he would meet with United Kingdom Prime Minister Keir Starmer today and possibly sign a trade deal. He also said that the U.S. was nearing deals with China and the European Union.
Trump Readies New Round of Tariff Letters
However, tariff negotiations aren’t going well with Canada, the second-largest single-country trading partner of the U.S. Trump said that there’s “not a lot of negotiating with Canada” and that he wasn’t focused on a trade deal with the country.
For the countries that haven’t reached tariff agreements with the U.S., Trump plans on sending letter notices outlining new tariff rates of 10% or 15%.
The Dow Jones is up by 0.05% at the time of writing.
