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Squawk Box Europe Express

Squawk Box Europe Express

News:Business News

First U.S. trade deals imminent, says Bessent

First U.S. trade deals imminent, says Bessent

2025-05-06
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U.S. Treasury Secretary Scott Bessent tells CNBC that the White House is involved in talks with 18 key trading partners and that some deals are imminent. Ford suspends its outlook and reveals a $2.5bn loss as tariff uncertainty weighs. In Germany, the CDU’s Friedrich Merz is to become Chancellor later today following his party’s grand coalition agreement with the SPD.

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