The director of the National Economic Council, Kevin Haysit, analyzes the influence of President Donald Trump’s tariff on “Kodlow”.
National Economic Council Director Kevin Haysit He pointed out that the talks with “other countries” on mutual definitions are continuing, telling the press that it is still a “high priority” for President Donald Trump.
“The mutual definitions are a completely high priority for the president, (they) forever. As you know, our commercial partners receive more House Press Gagge on Wednesday morning,” Haysit said in white.
He continued, “There must be a lot of procedures on it today.” “Until we started negotiations with other countries. Early this morning I was doing it.”
Trump speeds can enter 25 % on Mexico and Canada next month after both countries have been given a suspension for 30 days; The United States and China are the mutual tariff, including 10 %, as a phone call is waving on the horizon between Trump and Chinese President Xi Jinping; Only this week, Trump announced a 25 % tariff on aluminum and steel imports.
The United States warns that Trump plays a dangerous tariff game despite his “strong” agenda.
Customs duties are taxes Imposed on imported goods and services. While they historically played a more important role in contributing to federal tax revenues, developed countries moved away from relying on customs tariffs as a major source of financing and turned into other forms of taxes – such as salaries or sales taxes.
The director of the National Economic Council at the White House, Kevin Haysit, indicated that the mutual tariff negotiations are continuing with “other countries”. (Getty Images)
In the United States, definitions are collected by the Customs and Border Protection Agency (CBP), which is a procession for the Ministry of Internal Security. Trump suggested creating “Foreign revenue service“This will be responsible for collecting definitions, although it is unclear whether this plan will move forward.
US Treasury Secretary Scott Beesen addresses the economic and financial goals of President Donald Trump during his first interview on “Kodlow” since he joined the administration.
President Trump also discussed the use of the customs tariff to restore the American economy to the “Golden Age”, which could cancel the federal income tax and often support government spending with definitions.
Get Fox Business on the Go by clicking here
Monetarymacro.com argues that Cio Joseph Wang argues in President Donald Trump’s tariff for Canada and Mexico more than just a negotiating tactic about “earning money”.
“We were talking about just setting the foundation for discussions on mutual trade,” Haysit said. “The person who leads these discussions today was Howard Lootnick, of course. But I was in those calls too.”
Hessate added that everything is “continuous work.” “Everyone is talking about that now. In fact, talks with other countries have really started this morning at an early age … You may see an advertisement about progress or instructions as well as the things he thinks (Trump) after some stock exchanges with foreign people today and yesterday.
Eric Rafeel in Fox Business contributed to this report.
https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2025/02/0/0/trump-tariffs-getty-ill.jpg?ve=1&tl=1
Source link