Trade deals are proving elusive for Trump. The standoff with Japan shows why. https://t.co/6kMr3ydZnP ...

The Trump administration has repeatedly promised 90 trade deals in 90 days. It was an ambitious pledge to begin with, but this afternoon with only 10 days left in that timeline, it appears the administration is only one and a half agreements in place. Naturally, the goalpost moving has already begun.Treasury Secretary Scott Besset now suggesting negotiations could be wrapped up by Labor Day. And Kevin Hasset, director of the National Economic Council, maintains more deals will happen whenever lawmakers pass ...

Because the spending bill getting all the attention as the Senate voterama is underway, but the Trump administration is also racing to finalize trade deals as that July 9th deadline looms next week. So joining us now is Brian Gardner. He's Stevil's Washington policy strategist.Brian, it's great to have you back on. First going to start with one big beautiful bill and the fact that we even have a daytime voterama in the Senate. How unusual is that.Uh you know it we only get these every couple of years so it' ...

All right, to you. Thanks, Sam. All right, we've got some news and some fresh comments from uh Treasury Secretary Vessent.Megan Cassella has the uh those uh details for us. Megan, guys, good morning. Bess was just speaking to Bloomberg TV and made a few headlines, made a few news uh bit of news on a couple of different topics.The first is on Fed Chair Powell and he talked about sort of the timeline moving forward for a Fed nomination. He was asked about news he had made on CNBC on Friday that that nominatio ...

All right. What do you make of this slight upticks in PCE. What does that mean potentially for the Fed.The idea that while inflation has certainly moderated over the last couple years, it seems to be kind of sticky above 2%. Yeah, I do think we're going to see a fairly benign print today uh somewhere in the mid teens uh with regards to basis points on the month-on-month gain. As far as what it means for the Fed, Powell had his testimony in front of Congress just this past week and he had to defend the lack ...

on the July deadline that's coming up for the trade deals. Uh is that deadline still hard and fast for the president or is he now considering even coming to trade deals after that deadline and where is he on the going forward. The president has been asked this quite a few times by many of you in the media.I've heard him answer it at press conferences. He just spoke about it on Air Force One. Uh the deadline is not critical.The president can simply uh provide these countries with a deal if they refuse to mak ...

[Music] Now for today's power player segment. Time is running out for senators to reach a deal on President Trump's tax plan. The president wants the big beautiful bill on his desk before July 4th.As the deadline closes in, it's still not clear to markets what the bill's economic impact will be. The White House Council of Economic Adviserss estimates growth from the new tax plan could slash up to $2.3% trillion from the deficit. But the Congressional Budget Office found the mega bill would add $2.4% trillio ...

to pile on. Um, Megan Cassella is with us to help break down what we just heard. Megan went after Spain.Um, continue to praise NATO for increasing their defense spending. I'm curious what else you took up. You took on.Absolutely. As you mentioned, most of this was on Iran. And there was one point that I think was the biggest headline from this news conference was the president saying that he did not care whether or not we had a formal agreement with Iran with them pledging not to create a nuclear weapon.He ...