Hassett Discusses Optimism in Trade Negotiations Amid US Tariffs – Coincu

Kevin Hassett, director of the White House National Economic Council, addressed US trade policies and tariffs during an interview broadcast on May 29. He expressed confidence in existing trade agreements and future negotiations.

Hassett’s remarks underscore the administration’s belief in a positively transforming economic landscape driven by international deals. With more than 50 countries in talks, the US is strategically positioned for economic expansion.

Over 50 Countries Engaged in US Trade Talks

Hassett defended the administration’s stance on tariffs, asserting that ongoing negotiations with over 50 countries reflect a proactive trade approach. This strategic initiative is expected to boost the US economy by fostering favorable trade conditions. “There are more than 50 countries in negotiation,” Hassett noted, highlighting the expansive scope of these efforts.

Immediate changes include new trade agreements in progress, emphasizing market adaptation to US tariff regulations. The administration aims to maximize economic benefits through bilateral agreements that address tariff-related challenges.

Market reactions vary as stakeholders assess potential outcomes. Hassett emphasized that US manufacturing sectors are responding positively, aligning expansion plans with trade policy adjustments. This aligns with intended domestic growth objectives.

Bitcoin’s 90-Day Increase Brings New Insights

Did you know? Major trade negotiations initiated under the Trump administration reflect tactics used in post-WWII economic strategies to strengthen US global trade leadership.

Bitcoin (BTC) currently trades at $108,600.52, with a market cap of $2.16 trillion, holding a 62.82% dominance as per CoinMarketCap data on May 29, 2025. Over the last 90 days, BTC shows a 35.18% price increase while the 24-hour volume stands at $52.11 billion.

The Coincu research team suggests enhanced trade relations can mitigate the economic volatility seen in cryptocurrencies. Administrations leveraging data-driven strategies can drive regulatory innovations that stabilize and grow market ecosystems worldwide.