President Donald Trump will make his trade deal decisions this week even as separate negotiations with China and the European Union continue, U.S. Commerce chief Howard Lutnick said on Tuesday ahead of Trump's self-imposed Aug. 1 deadline.

"We're going to have things done by Friday," Lutnick told CNBC in an interview.

President Donald Trump and U.S. Secretary of Commerce Howard Lutnick, walk on the tarmac at Morristown Airport, in Morristown, New Jersey, U.S., July 6, 2025. REUTERS/Nathan Howard

U.S. and EU officials were still discussing steel and aluminum tariffs as well as digital services regulations following their framework announced on Sunday. Talks with China, he added, were also "their own thing," he added.