โTheyโre doing that because they understand that they bear a lot of the tariff,โ 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 โThis Week,โ Kevin Hassett, the head of the White Houseโs National Economic Council, said that โthere are more than 50 countries reaching out and trying to negotiate this new status with the presidentโ since the tariffs were announced.
โTheyโre doing that because they understand that they bear a lot of the tariff,โ 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 Vietnamโs top leader said that the country will reduce its tariffs on the United States โto zero.โ
Last week, Trump announced a minimum of 10 percent tariffs on all trading partners, as well as higher levies for about 60 nationsโtypically 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.
โThailand 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,โ Shinawatra told reporters on April 3, adding that Thailand could become a โfriend-shoringโ country for the United States.
UK Prime Minister Keir Starmer, meanwhile, told reporters last week that his country would respond in a โcool and calmโ manner, noting that the United States only placed a 10 percent levy, putting the United Kingdom in โbetter position than a lot of other countries from what was announced.โ
Taiwanโs 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.
Byย Jack Phillips