In an interview with Fox News on Monday, Kevin Hassett, Director of the US National Economic Council (NEC), said that US President Donald Trump is doubling down on something he knows works and added that Trump will listen to trading partners if they offer “really great deals,” per Reuters.
“Trump will decide if trade deals are great enough,” Hassett further explained and noted that Trump has talked to world leaders over the weekend.
Market reaction
These comments don’t seem to be helping the market mood improve in a noticeable way. At the time of press, US stock index futures were down between 2.6% and 3.1%.