Washington to Roll Out Trade Deals Amid China Talks

U.S. Commerce Secretary Howard Lutnick announced plans for several upcoming trade deals and efforts to ease tensions with China. He also expressed support for President Trump's proposal to raise taxes on the wealthiest Americans.

The U.S. is set to unveil numerous trade agreements within the next month, according to Commerce Secretary Howard Lutnick. The announcement comes as Washington seeks to ease tensions with China through upcoming negotiations.

Lutnick, speaking to CNBC, confirmed that the U.S. administration is focused on de-escalation strategies in its interactions with China, a move expected to stabilize trade relations.

In a different vein, Lutnick addressed domestic economic policy, expressing his support for President Trump's suggestion to increase tax rates on America's wealthiest individuals.