In its mutual tariffs of the US trade partners, the Trump management will remain of their mutual tariffs of US trade, even in view of a world stock market sale, said trade secretary Howard Lutnick said CBS '”Face the Nation” on Sunday.
The stocks have sold strongly within the USA and all around the world after President Donald Trump introduced broad dumplings on April 2. In addition to a ten% task for all imported goods, Trump announced higher taxes for imports from 57 countries, that are to happen on April 9.
“The tariffs come. He announced it and he was not joking. The tariffs come. Of course they are,” said Lutnick.
He added that the White House didn’t consider an expansion of the starting period.
“There is no shift. You will definitely stay on site for days and weeks,” said Lutnick. “The president has to reset the global trade. Everyone has a trade surplus and we have a trade deficit.”
In the 2 trading sessions after the reason, the worldwide stocks deleted a market value of $ 7.46 billion after the market capitalization of the S&P Global Broad Market Indices.
Lutnick's comments are paying homage to the finance minister Scott, Scott, the NBCS “Meet the Press” on Sunday. Bessent said the Trump government would “keep the course” to impose the tariffs.
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