Bessent made the startling admission Sunday as he tied himself in knots trying to answer CNN host Dana Bash’s questions about the Trump administration’s long-forgotten promise of 90 trade deals during the president’s 90-day pause on his sweeping reciprocal tariffs.
“Again, he didn’t promise this,” Bessent said. “And when we send out the hundred letters to these countries that will set their tariff rates … so we’re gonna have a hundred done in the next few days.” Bessent was referring to Trump’s Sunday night Truth Social post announcing he would notify multiple countries the following day of their new tariff rates.
“No, that’s the level. That’s the deal. If you wanna trade with the United States, this is—” Bessent tried to explain.
“Well, many of these countries never even contacted us,” Bessent replied.
Bessent is right about one thing: Trump didn’t promise 90 deals in 90 days; his top trade adviser, Peter Navarro, did. Trump, on the other hand, claimed to have already made 200 trade deals in April. Three months later, and barely three deals have materialized. But in the Trump administration, clearly a deal isn’t a deal, it’s a letter. And a talk isn’t a talk, it’s a threat shouted across the ocean.
Bessent’s arms must have gotten tired from moving the goalposts on Trump’s so-called tariff talks, having just last week said he hoped to wrap trade up by Labor Day. On Sunday evening, Commerce Secretary Howard Lutnick extended the deadline for tariffs to August 9 as Trump stammered beside him.
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