Trump trade team chases 90 deals in 90 days. Experts say good luck with that

Andrea Shalal - Reuters - 12/04
President Donald Trump's administration wants to strike 90 trade deals in 90 days, but the challenges to quickly resolving the president's trade war are already apparent.
  • Trump will be chief negotiator, Navarro says
  • Pressure mounts on Trump administration for quick wins
  • Administration also needs to reassure financial markets
WASHINGTON, April 12 (Reuters) - President Donald Trump's administration wants to strike 90 trade deals in 90 days, but the challenges to quickly resolving the president's trade war are already apparent.
European Union trade chief Maros Sefcovic will on Monday be among the first foreign trade officials to come to Washington for urgent negotiations about the steep tariffs that Trump announced on April 2. The bloc is among the biggest U.S. trade partners with nearly $1 trillion in two-way trade last year.

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But when Sefcovic arrives, Trump's top tariff negotiator, Treasury Secretary Scott Bessent, will be in Buenos Aires to show support for Argentina's economic reforms rather than in Washington, even though Argentina accounts for a mere $16.3 billion in total annual trade with the U.S.
Bessent's absence on Monday highlights doubts among trade experts about how effectively the administration can manage so many simultaneous negotiations and the overall prospects for reaching 90 deals in 90 days.
"Teeing up these decisions is going to take some serious negotiations," said Wendy Cutler, a former U.S. Trade Representative chief negotiator who heads the Asia Society Policy Institute. "There's no way during this timeframe we're doing a comprehensive agreement with any of these countries."
White House trade adviser Peter Navarro countered on Fox Business Network on Friday that Bessent, U.S. Trade Representative Jamieson Greer and Commerce Secretary Howard Lutnick could accomplish the job.
"So we're going to run 90 deals in 90 days. It...
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