Treasury Secretary Scott Bessent announced that 18 countries have proposed trade deals aimed at lowering tariffs, with negotiations progressing with India, South Korea, and Japan.

Recent data reveals that US job vacancies have fallen to their lowest level since 2020, reflecting the adverse effects of tariffs on hiring.

The White House has criticized Amazon for its plans to display tariff costs on products, labeling the move a 'hostile' act towards President Trump.

Despite Trump's recent comments suggesting a potential reduction in tariffs that contributed to a stock market rally, many small businesses are facing financial crises due to rising costs.

During the briefing, Leavitt referenced a 2021 article about Amazon's partnership with a Chinese propaganda agency, raising questions about the company's current ties with China.

Press Secretary Karoline Leavitt made these remarks during a press conference held on April 29, 2025, highlighting ongoing tensions between the administration and major corporations.

This controversy unfolds amid ongoing debates about tariffs and their impact on consumers and businesses in the United States, particularly as economic indicators show a concerning trend.

Bessent also expressed concerns that current U.S. economic policies could lead to significant job losses in China's economy.

Economic pessimism is rising among voters, with inflation and potential recession concerns impacting Trump's outlook for the 2024 election.

The Trump administration plans to eliminate the 'de minimis' exemption for imports from China, set to take effect on May 2, 2025, which currently allows shipments valued under $800 to avoid tariffs.

Amid these developments, business leaders are hesitant to initiate new projects due to uncertainty surrounding tariffs and economic policies.

This ongoing tension between the Trump administration and major corporations reflects broader concerns about trade policies and their implications for the U.S. economy.