Fox Reporter Says the Trump White House Is Giving Wall Street Executives Info on Tariff Negotiations (2025)

Fox Business senior correspondent Charles Gasparino reported on Thursday that PresidentDonald Trump’s administration is privately discussing trade tariff deals with Wall Street executives, sharing insights on their current status — information that wasn’t made public otherwise.

Citing “senior Wall Street execs with ties to the White House,” Gasparino wrote on X that people within Trump’s administration have held private discussions with business leaders about an “agreement in principle with India.” He further reported that the deal could be used as a template for other trade deals the administration is working on with Japan and other countries. Markets have taken sharp hits amid uncertainty surrounding Trump’s tariffs and trade deals.

“People inside the Trump White House are alerting Wall Street execs they are nearing an agreement in principle on trade with India, according to my sources who are senior Wall Street execs w ties to the White House,” Gasparino reported. “No details on timing, and recall that we have been here before with Japan only to have the goal posts changed, and terms renegotiated. But if this holds, the India deal being envisioned will include agreed upon goals, and issues that have been addressed and resolved as well as a deadline for the fully-baked trade pact, my sources say.”

The reporter added that Treasury Secretary Scott Bessent’s press team did not comment, but also did not deny the story.

Gasparino pushed back on Bloomberg’s Joe Weisenthal, arguing that the biggest news from the “scoop” was the White House being in contact with Wall Street.

“If this is true, isn’t the big story that The White House gives Wall Street executives early heads up on trade negotiations, rather than the existence of the deals themselves?” he asked.

“Joe obviously has never reported on Wall Street; I broke all of the financial crisis stories because the White House was talking to Wall Street,” Gasparino replied.

“Right. That was a financial crisis, involving the banks themselves, so of course there were ongoing discussions,” Weisenthal replied.

Gasparino lashed out at other critics making similar points.

“Besides this NOT being insider trading (again I know a lot about this subject) where’s the progressive MSM outrage over the constant drumbeat of national security stuff thats leaked to newspapers? All the phony investigations about Trump?” he wrote, adding, “It’s called REAL reporting and it should have been done during the Biden Admin so the public would have been alerted to the president’s mental decline before it was too late.”