Treasury Secretary Scott Bessent squirmed in his seat when he was pressed on President Donald Trump’s faltering trade deal negotiations on Fox News. In early April, Trump’s trade adviser Peter Navarro said the Trump administration was primed to strike 90 deals in 90 days with trade partners.

President Trump’s threat to impose 50% tariffs on European Union goods may be a negotiating gambit. But it also shows why reaching trade deals with major exporters including Japan and South Korea will be far tougher than with the U.

President Donald Trump’s moves Friday to reignite his global trade war laid bare the administration’s bubbling frustration with resistance from both corporations and foreign countries unwilling to rapidly bow to U.