Posted on 04/06/2025 6:22:27 PM PDT by nickcarraway
More than 50 nations have reached out to the White House to begin trade talks since United States President Donald Trump rolled out sweeping new tariffs, top officials said on Sunday (Apr 6) as they defended levies that wiped out nearly US$6 trillion in value from US stocks last week and downplayed the economic fallout.
On Sunday morning talk shows, Trump's top economic advisers sought to portray the tariffs as a savvy repositioning of the US in the global trade order. They also tried to minimise the economic shocks from last week's tumultuous rollout, ahead of Monday's expected bumpy opening of Asian stock markets. Treasury Secretary Scott Bessent said more than 50 nations had started negotiations with the US since last Wednesday's announcement, putting Trump in a position of power.
Neither Bessent nor the other officials named the countries or offered details about the talks. But simultaneously negotiating with multiple countries could pose a logistical challenge for the Trump administration and prolong economic uncertainty. "He's created maximum leverage for himself," Bessent said on NBC News' "Meet the Press".
(Excerpt) Read more at channelnewsasia.com ...
Who’s Your DADDY? MAGA! :)
They are not stupid. They will all fall in line sooner, rather than later.
So we considering talking a victory?
This is the purpose of the tariffs.
I doubt any of them will remain high through the next six weeks
Not Until china bends the knee will it be a victory! This is the big enchilada!
bookmark
Tariffs in American History!
John Steele Gordon
Tariffs are among the oldest of taxes for the simple reason
The are the easiest tax to collect.
And Democrats always loved them.
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