Expect more trade deals to be announced next week, US official says

U.S. Deputy Treasury Secretary Michael Faulkender on Wednesday said he expects the Trump administration to announce some trade deals next week before its July 9 deadline.

"I would expect that we have a number of deals that are announced next week," Faulkender said in an interview on CNBC. "For those for which negotiations have not really gone forward, I would anticipate next week an announcement of what their tariff rate would be."