Trading Secretary Lutnick says a trade agreement is made, but you need to confirm

Trading Secretary Howard Lutnick said on Tuesday, Trump management has reached the first trading deal, but it was not exactly completed and the country refused to name the country.

“I have an agreement, I did, I did, but I expect the Prime Minister and parliaments to confirm I wait in a short time,” he said.

The stock market rose to her Highs of the session After comments, Wall Street looks closely for the signs of progress in trade talks.

Lutnick said he did not deal with China directly. He said that these talks were in the “portfolio of the Treasury Secretary of the Treasury Scott.”

“My portfolio is the rest of the world’s trade deals,” Lutnick said.

Lutnick’s comments are coming after the name of “Freedom Day” when President Donald Trump’s most common tariff walks in the world. There have been many of those tutors since then 90 days stuckHowever, China’s tariffs have increased by more than 100%.

The Trump management said that dozens of countries reported dozens of countries in recent weeks, but no agreement was officially declared. Japan, South Korea and India, were seen as some of the most desired candidates for transactions.

The uncertainty around the tariffs caused variability in the stock exchange and confidence According to many surveys, among business leaders and consumers. Wall Street saw the steep neck after the initial tariffs, but the shares pulled back in the last week.

Interview of Lutnick’s CNBC “Exchange“In Arizona, the semiconductor factory took place in the construction site. The United States has increased its goals on the tariff policy of the Luton’s Trump Administration.