- The Treasury Minister said that “strategic uncertainty” is a tactic While the United States is participating in talks on the Trump administration tariff, on the pretext that many certainty will allow other countries to “play in negotiations.” This comes at a time when companies, commercial partners and financial markets endured the injury of customs tariffs outside the device.
Treasury Secretary Scott Payet suggested that the Trump administration tariff is an advantage, not a mistake.
during An interview on CNN Union case It was broadcast on Sunday, was asked about the injury from the definitions followed by the president, and he answered that the negotiation administration tactics is “strategic uncertainty”.
“If we have to give a lot of certainty to other countries, they will play us in negotiations,” Pesin explained. “I am sure that at the end of these negotiations, both retailers, American people and American workers will be better.”
Since President Donald Trump launched his commercial war, it has repeatedly imposed on a very slope tariff, then put it in waiting or partially retreated after.
This was recently offered on Monday, when the United States and China agreed to reduce its duties on each other for 90 days.
More injury can be on the road amid talks about the so -called mutual definitions that revealed Trump on “Tahrir Day” and then suspended a few days later.
On Friday, Trump said that the United States cannot negotiate with all countries that have been in definitions, so some commercial partners will do Discover in a message In two or three weeks what they will face.
Pisint said on Sunday that any country that does not negotiate with the good intention will see the definitions dating back to the level of liberation day. He added that there are 18 “important” commercial partners that the United States focuses on, while there are many younger partners “we can reach a number.”
“My other sense is that we will do a lot of regional deals -” this is the rate of Central America, and this is the rate of this part of Africa. “
It is likely to return to the tariff levels on April 2 The financial markets that gathered As Trump continues to reduce his position on the definitions. But the fees on China will remain historically high levels, even as they decrease to 30 % from 145 %.
When asked about the impact of customs tariffs on small -based companies that depend on Chinese imports, Bess CNN told the United States “will continue to trade with China in the types of products that these small companies talk about at lower tariff levels.”
Meanwhile, Trump took a difficult line against Wal Mart On Saturday, when he was published on the social truth that the retail giant mustEating“Not high prices.
Pesin said that he spoke with CEO Duj McMelon on Saturday and told CNN Wall -Marted “some definitions, and some may be transferred to consumers.” Someone said to know the situation luck A date for the invitation was set before the Trump publication and it was not a reaction to it.
Wall Mart refused to comment. On Thursday, analyst officials told the analysts that they are doing everything they can to accommodate the definitions, but that is The high prices cannot be avoided.
In a separate interview with NBC MeetPesin said he did not pressure the President of Wall Mart as he was invited.
“I have a very good relationship, so I just wanted to hear it instead of the second and the third of the press,” he said. “This is all of their profit calls and on the profit call, you must offer the worst scenario.”
This story was originally shown on Fortune.com
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