The United States said regarding reciprocal tariff negotiations with other countries that it has "completed negotiations with one country and is awaiting approval from the counterpart's prime minister and parliament."
Howard Lutnick, the Minister of Commerce of the United States, appeared on CNBC on the afternoon of the 29th (local time) and noted, "I expect approval soon." However, he did not mention the name of the country.
He said, "Scott Bensant, the Minister of Finance, is focused on China, and my responsibility is trade negotiations with other countries," adding, "As President Trump said, every country in the world wants to negotiate with us."
He continued, "Each country is negotiating the details," adding, "However, since the counterpart has a prime minister and parliament, they should know that their procedures must be followed to conclude negotiations. But this process will ultimately proceed."
Earlier, Minister of Finance Bensant stated during a briefing in the morning that regarding tariff negotiations, "We are very close with India," and noted, "It's a technical matter, but they have high and many tariffs, so it is easier to negotiate than non-tariff barriers."
Minister Lutnick said regarding Amazon's attempt to separately designate price increases due to tariffs, which was later withdrawn, that it was "nonsense," arguing, "A basic reciprocal tariff of 10% does not substantially change any price."
He further stated, "The only products that could be affected are those we do not produce, like mangoes," adding, "The U.S. does not grow cocoa either, and we would say there are no tariffs on cocoa when we make trade agreements. This is the smart way President Trump is negotiating."