Trump reveals that dozens of countries now want to negotiate new trade deals to avoid tariffs
Economic chaos ensued last week and has continued in the wake of President Donald Trump's rollout of reciprocal tariffs against friends and foes alike that are intended to match the existing tariffs and trade barriers imposed against the U.S. by its foreign trading partners.
That includes top trade partner and ally Japan, which swiftly approached the Trump administration to begin negotiations on a new and more balanced trade agreement, Breitbart reported.
Japan is by no means alone in that regard, however, as dozens of other nations have similarly come calling in search of renegotiated deals that would include dropping their own pre-existing tariffs and trade barriers to avoid the financial impact of Trump's duties on imported goods.
Japan wants to negotiate a new trade deal to avoid Trump's tariffs
In a Monday morning Truth Social post, President Trump wrote of the international reaction to his reciprocal tariffs, "Countries from all over the World are talking to us. Tough but fair parameters are being set. Spoke to the Japanese Prime Minister this morning. He is sending a top team to negotiate!"
"They have treated the U.S. very poorly on Trade. They don’t take our cars, but we take MILLIONS of theirs," he added. "Likewise Agriculture, and many other 'things.' It all has to change, but especially with CHINA!!!"
What Trump said about Japan was confirmed a few hours later by Treasury Secretary Scott Bessent, who shared Trump's post and revealed in a thread of X posts that he and U.S. Trade Representative Jamieson Greer had been authorized by the president to "open negotiations to implement the President’s vision for the new Golden Age of Global Trade with @JPN_PMO Shigeru Ishiba and his Cabinet."
"Japan remains among America’s closest allies, and I look forward to our upcoming productive engagement regarding tariffs, non-tariff trade barriers, currency issues, and government subsidies," Bessent continued. "I appreciate the Japanese government’s outreach and measured approach to this process."
"China has chosen to isolate itself by retaliating and doubling down on previous negative behavior," the secretary added. "Over 50 countries have responded both openly and positively to @POTUS @realDonaldTrump’s historic action to create a fairer, more prosperous system of global trade. We look forward to meaningful negotiations with them over the coming weeks."
Trump says "virtually every country wants to negotiate" new deals
Breitbart reported separately that President Trump revealed later on Monday that Japan was far from alone in seeking negotiations on a new trade deal to avoid reciprocal tariffs, which he announced to reporters while meeting with Israeli Prime Minister Benjamin Netanyahu at the White House.
"I will say this, virtually every country wants to negotiate. If I didn’t do what I did over the last couple of weeks, you wouldn’t have anybody who wants to negotiate," Trump said. "We would have gone to these countries, 'You want to talk?' and they’d go, 'Well, we don’t want to talk.' Now, they’re coming to us."
He noted that Netanyahu, who was there on "unrelated business," had begun their conversation by stating that Israel was prepared to zero out all of its existing tariffs against U.S. goods.
Now, however, because of the new tariffs, Trump declared that other nations were "offering things to us that we would have never even thought of asking them for because they’re experiencing a lot of hurt, and the hurt is that they’ve taken advantage of us, and we finally fought back."
Bessent says "almost 70 countries" now want to renegotiate trade deals
That assertion from President Trump was likewise confirmed by Sec. Bessent during a Monday afternoon interview with Fox Business host Larry Kudlow, in which he claimed, "I can tell you that there are 50, 60, maybe almost 70 countries now who have approached us. So it’s going to be a busy April, May, maybe into June."
He further noted the importance of Japan's economic and military alliance with the U.S. and suggested that, when it comes to negotiations, they would get "priority just because they came forward very quickly" in reaction to Trump's tariffs.