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U.S. President Donald Trump in the Rose Garden, at the White House, in Washington, on April 2.Leah Millis/Reuters

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More than 50 countries have reached out to the White House to begin trade negotiations, U.S. National Economic Council Director Kevin Hassett said on ABC News on Sunday.

Hassett also denied that U.S. President Donald Trump’s tariffs were also an indirect means to pressure the central bank to cut interest rates

In a separate interview on NBC News, U.S. Treasury Secretary Scott Bessent downplayed the stock market drop since Trump announced the tariffs and said there was “no reason” to anticipate a recession based on the tariffs.

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