In a recent address to financial leaders in Washington, DC, Treasury Secretary Scott Bessent announced that his administration has scheduled 70 negotiations with foreign governments regarding newly implemented tariffs. Bessent emphasized that these discussions are part of a proactive strategy to manage the trade landscape and ensure robust economic performance.

During a Q&A session following his presentation to a group of bankers, Bessent noted that he had received positive feedback from CEOs, who described the economy as strong and buoyed by impressive job numbers. “I am not planning on going anywhere for Easter,” he remarked, underscoring his commitment to ongoing dialogue with industry leaders.

Despite some warnings from financial executives about the potential for a recession—defined by two consecutive quarters of economic contraction—Bessent maintained that current indicators point to a solid economic foundation. The former hedge fund manager, known for his impactful financial maneuvers in the past, reiterated that his focus remains on steering trade negotiations and fostering a stable economic environment.

The Treasury is actively engaging with key corporate figures to balance the challenges posed by tariffs while strengthening international trade relationships. As the discussions proceed, Bessent’s comments reflect a broader effort to counter recessionary concerns and affirm the resilience of the U.S. economy.