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1 of 2 U.S. Treasury Secretary Scott Bessent speaks at the White House
in Washington, D.C., U.S., April 9, 2025. REUTERS/Nathan Howard/File
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WASHINGTON, April 12 (Reuters) -
President Donald Trump's administration wants to strike 90 trade deals in 90 days, but the challenges to quickly resolving the president's
trade war are already apparent.
European
Union trade chief Maros Sefcovic will on Monday be among the first
foreign trade officials to come to Washington for urgent negotiations
about the steep tariffs that Trump announced on April 2. The bloc is
among the biggest U.S. trade partners with nearly $1 trillion in two-way
trade last year.
But when Sefcovic arrives, Trump's top tariff negotiator, Treasury Secretary Scott Bessent, will
be in Buenos Aires
to show support for Argentina's economic reforms rather than in
Washington, even though Argentina accounts for a mere $16.3 billion in
total annual trade with the U.S.