U.S. will make deals with "most" key partners by summer, Lutnick says

• "I think most countries, we'll have an idea of what we want to do with them," Lutnick told Axios' Mike Allen of how many would be done by summer.

The big picture: Lutnick is at the forefront of the Trump administration's sweeping efforts to rewrite the rules of global trade, a campaign that has disrupted the U.S. and international economies and created deep uncertainty for businesses and consumers.

• The president's argument: The U.S. has been treated unfairly by the world for decades, at the cost of valuable American jobs — a situation that can only be fixed by a more aggressive approach.

Catch up quick: The U.S. is about halfway through a 90-day pause on the assorted reciprocal tariffs President Trump unveiled on April 2, and then temporarily halted April 9 for affected countries except China.

• Lutnick has said a long list of trade deals were in progress, though in recent days the administration has backed off earlier notions it could make 90 deals in 90 days.

Editor's note: This is story is breaking and will be updated.