The Foreign Minister of Treasury Department, Scott Bosent, about President Donald Trump on the signing of a mutual tariff program, VP Vance, which threatens Russia with sanctions, is a potential economic partnership agreement with Ukraine and government waste.
Less than a day after President Donald Trump signed in a mutual tariff program, the Treasury Minister closed any economic concern about the world trade.
“President Trump is serious about negotiating this issue,” said Scott Bosent. We will have a world -not -free trade union. ” Exclusive Interview at “Morning with Maria” Friday
“As we have taught President Trump, you have to take him to his words. This is not the theater,” he continued. “The first April deadline is for a study by the Bureau of Commerce on global tariffs that apply to the country of American products in the country.”
Thursday, Trump announced a plan to look at the United States Implementation of “cross -cutting” tariffs Against countries that tax or restrict markets for US goods. Trump said he did not expect any exemption or ignorance of the plan, which could be applied to the opposition and allies.
A White House official said that the nominee for Howard Luthenik and the US Trade Representative is submitting a report that provides details of tariffs to the country. These studies are completed by April 1.
US Treasury Secretary Scott Bosent discussed worldwide tariff programs and Trump tariff programs in “Morning with Maria” Friday. (Pictures of Gitti)
The official added that the director of the Rus Vaft Budget and Budget Office (OB) has 180 days to assess a report that evaluates any financial effects.
It's just a few days after the announcement of the Trump administration 25 % tariff Imports of steel and aluminumLast week, and 10 % tariffs across the board in China.
“We want to provide the equivalent of an index, what I want a mutual index, the country to the country, prominent tariffs, non -tariffs, trade barriers and currency manipulation,” Bosun explained.
“I expect to get this report and we will see how our business partners respond,” he said. “And as he said in yesterday's interview, this could be a great source of income for the US government.”
US Treasury Minister Scott Bosent in his first interview at Kodloo has been addressing President Donald Trump's economic and financial goals since joining the government.
Bosun also responded to the widespread criticism of some economists and market experts that tariffs may exacerbate inflation and Create additional costs For consumers
“I think this is a simple and reduced view. It is common for old -fashioned thinking and that's why the United States has been used for years and years. That's why we are a giant business deficit. He said : Our products are not allowed …
“All President Trump wants to have a frictionless business for American jobs. I stand behind my American manufacturers to make the best products at the best price.
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The White House's senior advisor to Peter Navaro's trade and production emphasizes the economic importance of DOGE and President Donald Trump's mutual tariff program in “editing the evening”.
According to the US chief money manager, the tariff revenue relies solely on the cooperation of business partners.
“It depends on the answer of our business partners, how fast they do it, how much they do over time,” Bosun said. “But I can tell you that if they do not want to lower their tariffs, these are remarkable because we will match them, percent percentage, dollar for the dollar.”
Wolf Norman Fox Business has been involved in this report.