The Trump administration has received 18 “written sacrifices” of Ministers of Foreign Trade so far this week, according to the main economic advisor of the White House.
The director of the National Economic Council, Kevin Hasett, emphasized that the Trump administration won “hurried” to obtain those agreements in the finish line and praised the rapid progress that is being made.
“It will happen at Trump’s time,” Hassett boasted in Fox News “” The Ingraham Angle “Wednesday.” And he didn’t hurry. Carefully thought agreements are made in advance of the actions that President Tok “.
In addition to the written sacrifices, Hasset revealed that the United States trade representative Jamieson Greer has at least 14 meetings scheduled this week with foreign trade representatives who seek to resolve an agreement.
On April 9, Trump, 78, announced a sudden 90 -day pause in almost all personalized “release day” that had planned.
The 10% reference rate was left intact, as well as the 25% automotive rate, 25% of the steel and aluminum fee, and 25% of the import rate of Canada and Mexico that do not comply with the agreement of the United States-Mexico-Canada (USMCA).
China was also affected with a 125% retaliation rate in addition to the 20% rate imposed earlier this year due to Trump’s fentanyl demands.
If the countries cannot reach an agreement with the Trump administration before July 8, they could face the large personalized rates of the Board that the president presented earlier this month.
That gives a very small window to make these offers definitive.
According to Trump’s first administration, he played almost two years renegotiate the Free Trade Agreement of North America (NAFTA) in the USMCA. On average, trade agreements take 18 months to complete due to their complexity, according to a study.
But this change, the Trump administration is looking at fast agreements with innumerable countries instead of more commercial agreements that would need the approval of Congress.
“No, these agreements can be negotiated a lot with the United States commercial representative,” Hasset explained when he was asked if Congress would have to address the agreements.
Early in the day, on Wednesday, Trump told journalists that he plans to reduce tariffs against China “substantially” of the exorbitant 145%, saying that “it will not be close … but it will not be zero.”
“We are very optimistic about China and especially optimistic about everyone else,” Hassett emphasized, painting a pink image.
Hasset also pointed out that “we basically have an agreement of an agreement with India”, which explained that one of the “sausage criminals” in trade against the United States had one of the United States.
Some observers, such as the former chief political analyst of the NBC, Chuck Todd, have argued that Trump was locked against China and could face a political reaction if consumers see empty shelves or high prices from heaven.
“Absolutely not, we have Virtualy in all countries on Earth negotiating with us at this time,” Hassett replied. “The president has moved the world in an unprecedented manner, and is in the direction of Wormore American.”
Hasset also predicted that Trump would be the one who would announce when advances on commercial negotiations with varied countries occur.
“First he will announce it to the world,” Hassett explained. “I can tell you that this is how it will go.”
