National Economic Council Director Kevin Hassett revealed the United States hopes to announce several trade deals around July 4, the Republican Party’s self-imposed deadline for passing President Donald Trump’s “big, beautiful” tax cuts bill.

“We know that we’re very close to a few countries and are waiting to announce after we get the big, beautiful bill closed,” Hassett said during a Tuesday interview on Fox Business Network. “And so, I think you’re going to see a sequence of trade [deals], really starting from around the Fourth of July.” 

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The Senate is debating the sweeping tax cuts legislation after it passed the House last month. As it faces a flurry of last-minute negotiations, including fights over state and local tax deductions that threaten to derail swift passage in the upper chamber, Trump warned lawmakers Tuesday to “lock yourself in a room” until they manage to hammer out a final deal. 

“Don’t go home, and GET THE DEAL DONE THIS WEEK. Work with the House so they can pick it up, and pass it, IMMEDIATELY,” he said. “NO ONE GOES ON VACATION UNTIL IT’S DONE.”

Despite the challenges, Hassett sounded optimistic this week, saying he “wouldn’t be surprised if [the Big Beautiful Bill Act] passes before the weekend.”

Hassett’s hopes of getting the bill passed and announcing the trade deals by July 4 come as a slew of tariffs are set to go into effect just days later on July 9 if countries don’t make revised trade agreements with the U.S.

The Trump administration initially announced the global “Liberation Day” tariffs on April 2, before pausing the bulk of the levies a week later and granting countries a 90-day reprieve as the White House engaged in a slew of world leaders clamoring to engage in trade negotiations. Another extension, officials have suggested, is not likely.

While Hassett said in early April that negotiations were “moving fast” and that the Trump administration was closing in on making around 20 trade deals, only two major agreements have been announced thus far with China and the United Kingdom. Commerce Secretary Howard Lutnick recently indicated that Trump would set tariff rates himself if the U.S. cannot finalize ideal trade agreements with other countries.

Among the countries in negotiations with the U.S., Vietnam and India are viewed as the closest to a trade deal. The Trump administration is also engaged in talks with the European Union, which encompasses a host of countries that would be affected by any trade deal. 

The White House confirmed earlier this month that the Office of the U.S. Trade Representative sent a letter to U.S. trading partners nudging them to resolve trade disputes as the Trump administration reminded them of the “Liberation Day” tariffs set to resume on July 9. 

“USTR sent this letter to all of our trading partners just to give them a friendly reminder that the deadline is coming up,” White House press secretary Karoline Leavitt told reporters. 

So far in June, the Trump administration has collected $6.1 billion in revenues from tariffs — an average of $305 million a day, according to the Treasury Department. 

WHITE HOUSE TIGHT-LIPPED ON EXTERNAL REVENUE SERVICE ON EVE OF TARIFF IMPLEMENTATION

The number marks a drop from previous months amid recent deals Trump made with China and the U.K. in recent weeks that have caused revenues collected from tariffs previously placed on those countries to decline. 

From May 1 through 30, the Treasury Department recorded nearly $24 billion in tariff collections, compared to $17.4 billion in April and $9.6 billion — an average of $320 million per day — in March, according to the agency’s data.