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

5Mind. The Meme Platform
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

Contact Your Elected Officials
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.

St. Louis de Montfort Academy: The quiet countercurrent

In an age of confusion and hostility toward the faith, St. Louis de Montfort Academy forms young men to know truth, love the Church, and live with conviction.

Proof, Democrats Promote Election Theft   

President Trump signed EOs to assure America has continued free and fair elections as more incidents of election fraud are exposed across the nation.

The Lost Drone That Changed the Battlefield

The most consequential shifts in warfare often begin with a single event, whose long-term effects reshape the battlefield in ways no one anticipates.

Crossed Up

Modern pharisee, the media and the Left in politics and academia, haul disbelievers, and heretics before them not to expose the truth, but to avoid it.

Academic Study: Why Won’t German Women Mate With Migrants?

The ongoing Western social engineers’ jihad to deracinate the white race by herding European women into the embrace of Third World migrants has not gone swimmingly.

Trump Signs Memo to Pay All DHS Employees During Shutdown

President Trump signed a memorandum directing the DHS to pay its employees all owed compensation and benefits accrued during partial government shutdown.

Vanessa Trump Shows Support for Boyfriend Tiger Woods After His DUI Arrest in First Public Statement

Vanessa Trump has publicly addressed the recent rollover crash and DUI arrest of her boyfriend and golf legend Tiger Woods, offering words of support.

US Economy Adds 178,000 New Jobs in March

The US economy added 178,000 new jobs in March and the unemployment rate dipped to 4.3 percent to cap off a volatile first quarter.

RFK Jr. Announces Investigation Into Removing Microplastics From the Human Body

The federal government will spend $144 million to investigate microplastics and figure out how to remove them from human bodies, HHS Se. RFK, Jr. announced.

Trump Says Pam Bondi is Out as His Attorney General

President Trump says Pam Bondi is out as his Attorney General. Bondi will be replaced by her deputy Todd Blanche, who will serve as acting attorney general.

Trump Signs Order Imposing 100 Percent Tariffs on Certain Imported Pharmaceutical Drugs

President Donald Trump signed executive orders on Thursday raising levies on some medications and refining calculations on steel tariffs.

Trump Says US Core Objectives in Iran Are ‘Nearing Completion’ in Primetime Address

President Trump will deliver a primetime address from the White House on April 1 to update the nation on the U.S. military operation against Iran.
spot_img

Related Articles

Popular Categories

MAGA Business Central