United States President Donald Trump declared on Wednesday that his administration is making exceptional progress on global trade and domestic economic policy. Speaking during a Cabinet meeting, Trump stated, “We are doing great” regarding trade deals, and predicted that the public will soon “see some big, big results.”

U.S. Trade Representative Jamieson Greer reinforced Trump’s message, revealing that Washington is in active talks with dozens of nations. He explained that the administration has already received “dozens of written offers” on trade and is “reordering” the global trade system—a shift not seen since the end of World War II. Though Greer admitted that some deals are still “weeks out,” he emphasized that work is progressing “very quickly.”

In parallel to trade developments, President Trump promoted a sweeping new legislative package referred to as the “big beautiful bill.” According to Trump, the bill could be “bigger than tariffs” in its overall economic impact. He credited Senate Majority Leader John Thune for driving the legislation forward and warned that Democrats are attempting to block its passage at every stage.

Trump cautioned that if the opposition succeeds, the country could face a 58% tax hike. In contrast, he described the proposed bill as delivering the “biggest tax cut in American history,” positioning it as a cornerstone of his economic agenda in his renewed presidential term.

The combined momentum on both international trade and domestic tax reform reflects the administration’s aggressive pursuit of structural economic change. With broad engagement abroad and a legislative push at home, Trump’s team aims to reshape key pillars of the U.S. economy.