White House Official Says More Than 50 Countries Reached Out About Tariffs

Contact Your Elected Officials
The Epoch Times Header

‘They’re doing that because they understand that they bear a lot of the tariff,’ Kevin Hassett said.

A top White House economic adviser said Sunday that more than 50 countries have contacted the Trump administration to initiate negotiations over a broad swath of tariffs that were announced last week on nearly every nation in the world.

In an interview with ABC News “This Week,” Kevin Hassett, the head of the White House’s National Economic Council, said that “there are more than 50 countries reaching out and trying to negotiate this new status with the president” since the tariffs were announced.

“They’re doing that because they understand that they bear a lot of the tariff,” he told the outlet.

While Hassett did not say which countries have started talks with the administration, President Donald Trump wrote on Truth Social April 4 that Vietnam’s top leader said that the country will reduce its tariffs on the United States “to zero.”

Last week, Trump announced a minimum of 10 percent tariffs on all trading partners, as well as higher levies for about 60 nations—typically half of what each levies against the United States. The higher tariffs are due to take effect on April 9.

Canada and Mexico were exempt from the latest tariffs due to already being subject to tariffs of 25 percent that were announced several weeks ago. Those tariffs were levied in a bid to curb illegal immigration and fentanyl trafficking into the United States via its southern and northern neighbors.

Thai Prime Minister Paetongtarn Shinawatra said that Thailand is also willing to enter talks with the United States on the tariffs.

“Thailand has signaled its readiness to discuss with the U.S. government at the first opportunity to adjust the trade balance to be fair to both the parties,” Shinawatra told reporters on April 3, adding that Thailand could become a “friend-shoring” country for the United States.

UK Prime Minister Keir Starmer, meanwhile, told reporters last week that his country would respond in a “cool and calm” manner, noting that the United States only placed a 10 percent levy, putting the United Kingdom in “better position than a lot of other countries from what was announced.”

Taiwan’s President Lai Ching-te on Sunday offered zero tariffs as the basis for talks with the United States, pledging to remove trade barriers rather than imposing reciprocal measures and saying Taiwanese companies will raise their U.S. investments.

By Jack Phillips

Read Full Article on TheEpochTimes.com

The Epoch Times
The Epoch Timeshttps://www.theepochtimes.com/
Tired of biased news? The Epoch Times is truthful, factual news that other media outlets don't report. No spin. No agenda. Just honest journalism like it used to be.

Trump’s Middle East Triumph is Worth Celebrating Even As Peace Remains Elusive 

President Trump’s bold foreign policy defies globalist appeasement, showcasing unwavering American strength and decisive leadership on the world stage.

Are conservatives fighting a fiction of woke?

Wokery, it hurts to say it, is too disorganized to have an organized cosmology or doctrine of metaphysical belief.

Illinois Democrat Offenders Reveal Party

The crime of J.B Pritzker and Brandon Johnson in this episode of American history is called subversion at the least , but could be as serious as treason.

Inside the Public School Librarian Jihad to Keep Transgender Propaganda on Shelves

Public school librarians are doing all they can to keep child tranny propaganda flowing directly into the malleable minds of their charges.

Five Reasons Why The Latest Czech Elections Were So Important

Populist-nationalist politician Andrej Babis is poised to return to the premiership after his party's victory. Here are 5 reasons why this is so important.

New York AG Letitia James Indicted on Federal Charges

New York Attorney General Letitia James was indicted by a grand jury on federal charges, according to an indictment on unsealed on Thursday.

6 Ways Vaccine Policy Has Changed Under RFK Jr.

Health Sec RFK, Jr. and officials at the HHS changed recommendations and policies for multiple vaccines, including shots against COVID-19 and measles.

Journalists Recount Antifa Violence in Roundtable With Trump

President Trump met at the White House with journalists attacked by the newly designated terrorist group Antifa, joined by Cabinet officials for a roundtable.

IRS to Furlough 34,000 Employees as Government Shutdown Halts Treasury Operations

The IRS said in an emergency message to staff that it will furlough more than 34,000 employees starting on Oct. 8 due to the government shutdown.

Trump Says He May Invoke Insurrection Act in Portland If Necessary

President Donald Trump on Oct. 6 said he may consider invoking the Insurrection Act in Portland, Oregon, if necessary.

Trump: All Medium, Heavy Duty Trucks Entering US Will See 25 Percent Tariff on Nov. 1

President Trump announced on Monday that all medium and heavy-duty trucks entering the United States will see a 25 percent tariff starting on Nov. 1.

Treasury Names Social Security Commissioner as CEO of IRS

Treasury Sec. Scott Bessent announced that Frank Bisignano, the head of the Social Security Administration (SSA), will also serve as CEO of the IRS.

Agencies Terminated, Descoped 94 Wasteful Contracts With $8.5 Billion Ceiling Value, Says DOGE

Various federal government agencies have terminated and descoped 94 wasteful contracts over the past five days, DOGE said in an Oct. 4 post on X.
spot_img

Related Articles

Popular Categories

MAGA Business Central