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Fortune
Fortune
Eleanor Pringle

Lutnick: 'I have a deal done, done, done, done' as China, Japan and India warm to trade talks

US President Donald Trump (Credit: JIM WATSON/AFP - Getty Images)
  • After weeks of global hesitation following President Trump’s sweeping tariff announcements, trade talks are cautiously progressing, with China signaling a willingness to negotiate and Japan showing early signs of movement toward a potential deal. Though no agreements have been finalized, optimism is growing as U.S. officials suggest the first trade deal could be imminent, pending final approvals.

Tensions appear to be defrosting between the Trump administration and some of its key trading partners after the president's announcement of wide-ranging tariffs—most notably with China, the only nation which responded with retaliatory measures of its own.

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