President Trump: US to Send Letters Soon to Countries for Trade Deals

President Trump: US to Send Letters Soon for Trade Deals

During his official visit to Abu Dhabi on Friday, President Donald Trump announced that US officials will soon send letters to several countries to initiate new trade negotiations.

“We negotiated a fantastic trade deal with the UK, and we also negotiated one with China. We’ll be very fair,” Trump stated, highlighting recent bilateral trade successes.

While specific countries were not named, the remarks suggest renewed US efforts to secure favorable trade terms globally, as part of an ongoing push to reshape international trade under his administration’s agenda.

Market Reaction:
The US Dollar Index (DXY), which measures the dollar’s strength against a basket of major currencies, edged lower following the comments. At the time of writing, the DXY was down 0.13%, trading around 100.70, as investors weighed the implications of potential trade realignments.