Treasury Secretary Scott Bessent said trade talks could yield multiple deals by Sept. 1, citing a new U.S.-China agreement on rare earth shipments.

U.S. Treasury Secretary Scott Bessent expressed optimism about concluding several trade agreements before the Labor Day holiday. Bessent aims to finalize deals with 10 to 12 of the U.S.'s 18 main trading partners,

The U.S. Treasury chief did not mention any changes to a July 9 deadline for countries to reach deals with the United States or see tariffs spike higher.