More than 50 countries contacted the White House to initiate commercial conversations, a high -ranking economic advisor of the president of the United States said Sunday, Donald Trump, while US officials tried defend the new tariffs that unleashed world agitation.
During an interview in the “This Week” program of the ABC News chain, the director of the National Economic Council of the United States, Kevin Hasset, He denied that the tariffs were part of a Trump strategy to collapse financial markets in order to press the United States Federal Reserve To cut interest rates.
He said there would be no “political coercion” on the Central Bank. In a social truth publication on Friday, Trump shared a video that suggested that his tariffs sought to hit the stock market on purpose in an attempt to force the descent of interest rates.
In a separate interview in the “Meet the Press” program by NBC News, United States Treasury Secretary Scott, He reduced importance to the fall of the stock market and said there was no “reason” to anticipate a recession based on tariffs.
Trump shook economies around the world after announcing broad Wednesday Tariffs on American imports, motivating retaliation levies by China and causing fears of a global commercial war and a recession.
In Sunday’s morning gatherings, high -ranking officials of the Trump government tried Present tariffs as an intelligent United States repositioning in the world commercial order and economic disturbances as a short -term consequence.
The American actions have collapsed around 10% in the two days elapsed Since Trump announced a new more aggressive world tariff regime than analysts and investors.
It is a fall that market analysts and large investors have blamed Trump’s aggressive impulse to tariffs, which most economists and The head of the United States Federal Reserve believe that they create the risk of enviving inflation and damaging economic growth.
New week of tension on Wall Street?
The markets, stunned by tariffs, face another week of possible tariff turbulence, with the consequences of Trump import taxes keeping investors in suspense after the worst week for US actions since the beginning of the Covid-19 crisis five years ago.
Hasset told the “This Week” program of ABC News that Trump’s tariffs had so far led to “more than 50” countries to contact the White House to start commercial conversations.
The president of Taiwan, Lai Ching-Te, He offered zero tariffs on Sunday as the basis for conversations with the United Statespromised to eliminate commercial barriers instead of imposing reciprocal measures and said that Taiwanese companies will increase their investments in the United States.
Unlike other economists, Hasset said he did not expect a great blow to consumers because exporters were likely to go down prices. Besent told NBC News that He did not anticipate a recession based on tariffs, citing employment growth in the stronger United States than expected.
“Friday’s employment figure, well above expectations, indicates that we are moving forward, so I don’t see any reason to foresee a recession,” Besent said.
Source: Ambito
