As the U.S. judiciary's judgment significantly shakes the tariff policy of the Donald Trump administration, U.S. Secretary of the Treasury Scott Bessent noted on the 29th (local time) that there has been no change in the attitude of trade partners currently in trade negotiations with the U.S.
Secretary Bessent answered a question during an interview with Fox News regarding whether the court rulings from the previous day to that day were affecting negotiations, saying, "We have not seen any signs from our trade partners at all." He is leading trade negotiations with major countries.
Recently, uncertainty surrounding the Trump administration's tariff policy has increased due to mixed rulings from the judiciary. A day earlier, the Federal International Trade Court invalidated reciprocal tariffs established under President Trump's International Emergency Economic Powers Act (IEEPA) and prohibited the implementation of tariffs, while that day, the Federal Appeals Court ordered a temporary suspension of the enforcement of that ruling during the appellate process.
Secretary Bessent said, "They (negotiating countries) are coming to us with good intentions and are working to complete negotiations before the expiration of the 90-day (reciprocal tariff) grace period," adding, "I have not seen any changes in their attitude over the past 48 hours."
He continued, "A few very significant negotiations are almost at the final stage, and some of them are more complex," stating, "Following the president's warning of a 50% tariff last Friday (the 23rd), the European Union (EU) swiftly came to the negotiating table. The EU is also moving."
Regarding negotiations with China, he remarked, "It is somewhat stagnant," but noted, "I think there will be additional negotiations in the coming weeks, and I believe there may be a phone call between President Trump and Chinese President Xi Jinping at some point."
He added, "Considering the scale and complexity of the negotiations, the two leaders need to engage with each other," and said, "The two leaders have a very good relationship, and I am confident that when President Trump expresses his intentions, the Chinese side will also come to the table."
Secretary Bessent announced that a very large delegation from Japan is scheduled to visit his office as his first appointment on the morning of the 30th.