Kevin Hast, director of the National Economic Council, analyzes the impact of President Donald Trump's tariffs on “Kudlow”.
National Economic Council The director is Kevin He said that conversations with “other countries” about mutual tariffs continue and tells the press that this is a “high priority” for President Donald Trump.
“The mutual tariffs are highly prioritized for the President, they have been forever,” said White. And that's what he has talked about before. ” House Press GAGGLE Wednesday morning.
“And today there must be more action on it,” he continued. “We even started negotiating with other countries. Earlier this morning I was doing it.”
Trump's 25 % tariffs in Mexico and Canada can be implemented next month after 30 -day pause. The United States and China have approved 10 % mutual tariffs across the board as a phone call between Trump and China President Xi Jinping. And this week, Trump announced a 25 % tariff on aluminum and steel imports.
The tariff is tax Belongs to imported goods and servicesWhile they have historically played an important role in helping federal tax revenue, developed countries have been relieved of tariffs as the main source of budget and in other forms of tax – such as income, salary or taxation Sale – have been transferred.
Kevin Hast, director of the White House National Economic Council, said mutual tariff talks with other countries are ongoing. (Pictures of Gitti)
In the United States, tariffs are collected by the Customs Agency and the Border Protection Agency (CBP), which is a subsidiary of the Home Department of Security. Trump offered to make “creation”Foreign Income Services“It will be responsible for collecting tariffs, though it is unclear whether the plan will move forward.
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.
President Trump has also potentially discussed the use of tariffs to return the US economy to his “Golden Age”, potentially eliminates federal income tax and mainly support for government spending.
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Petarymacro.com CIO Joseph Wang argues that the tariffs of President Donald Trump in Canada and Mexico are nothing more than a negotiating tactic on “monetization”.
“We were just talking about creating a context for discussion of mutual business,” said Host said on Wednesday's alleged sessions. “Someone who led these discussions today was Howard Luthenik. But I was also in these calls.”
“All this” is progressing “,” Host added. “Everyone is talking about it right now. And in fact, conversations with other countries really started this morning really early … may you about the progress or guidelines of the things (Trump) after having some perspective Think with foreigners today, and yesterday is a general plan. “
Eric Rivele Fox Business has been involved in this report.