At a press gaggle on Wednesday in India, Vice President JD Vance was asked about trade negotiations.
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00:00anonymous sourcing from random staffers. Are there any updates on trade talks you can share with us
00:04on how the negotiations are going here or elsewhere? Well, look, we're talking to everybody,
00:08especially our most significant trading partners. I believe Secretary Besson's talked a lot about
00:13what we've done with Japan. I talked with Prime Minister Modi about this, and of course,
00:16we announced that we have come to the terms of reference. So we're making progress across the
00:21board. It's a little bit too early to prejudge and say what any of these deals is going to look
00:25like. I think the fundamental thing that the president has said is, look, global trade has
00:29become fundamentally imbalanced. The American taxpayer and the American nation has become
00:34the piggy bank for the entire world. We absorb the world's producer surplus, but that's bad for
00:39American workers. It's bad for American exporters. And it's something the president ran on stopping.
00:44And I think that he's making great progress to stopping it early on in the second term.