LittleRedRidingHoodT
vip

Regarding tariffs, Trump's latest statement indicates that he will not suspend the tariff policy.


On the 7th, U.S. President Trump stated that he would not suspend the so-called "reciprocal tariff" policy.
After a meeting with visiting Israeli Prime Minister Netanyahu at the White House, Trump told the media that he is currently not considering suspending the tariff policy, as many leaders of economies are seeking to negotiate with him. He believes that enforcing the tariff policy and negotiating are not contradictory.
Trump also said that he rejected the EU's earlier proposal for mutual tariff exemptions with the U.S., stating, "No, this is simply not enough," and "They are deceiving us on trade issues."
Netanyahu stated to the media after the talks that Israel will work to eliminate the trade deficit with the U.S. as soon as possible. According to U.S. government data, the bilateral trade volume between the U.S. and Israel is expected to be about 37 billion USD in 2024, with a trade surplus of 7.4 billion USD for Israel.
U.S. government officials said on the 7th that more than 50 economies are currently in contact with the U.S. regarding tariff policies. However, according to a report by the U.S. political news site AXIOS, citing sources familiar with the situation, these so-called contacts lack a real negotiation framework or bilateral collaboration, which is frustrating.
On April 2, Trump signed an executive order at the White House regarding the so-called "reciprocal tariffs," announcing that the United States would impose a 10% "minimum benchmark tariff" on trade partners, and higher tariffs on some trade partners.
View Original
The content is for reference only, not a solicitation or offer. No investment, tax, or legal advice provided. See Disclaimer for more risks disclosure.
  • Reward
  • Comment
  • Share
Comment
0/400
No comments