The economic effects of new trade wars could be hard for the United States to dodge even if talks yield new deals soon.

Despite the president's boasting that he has reached 200 trade agreements, Treasury Sec. Scott Bessent and Agriculture Sec. Brooke Rollins couldn't say which countries those agreements are with

U.S. Treasury Secretary Scott Bessent on Sunday did not back President Donald Trump's assertion that tariff talks with China were under way and said he did not know if the U.S. president had talked to Chinese President Xi Jinping.