White House economist says reciprocal tariff negotiations with other countries underway
The director of the National Economic Council Kevin Haset analyzes the impact of President Donald Trump tariffs on “Kudlow”.
National Economic Council Director Kevin Haset He noted that the rumors about other countries on mutual tariffs continue, saying that the press remains a “high priority” for President Donald Trump.
“Mutual tariffs are absolutely priority for the president. [they] have been forever. You know, our commercial partners charge us more tariffs than we charge them. And that’s something that he used to speak about, “Haset said at the White House on Wednesday morning.
“And today there will be much more action on it,” he continued. “We even started negotiating with other countries. I was doing this early this morning. “
25% Trump tariffs in Mexico and Canada could come into force next month after the two countries were given a 30-day pause. The United States and China have entered into force of 10% tariffs as telephone calls between victories and Chinese President Xi Jinping. And this week, Trump announced a 25% tariff for aluminum and steel imports.
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Tariffs are taxes charged on imported goods and servicesIn a number, they have historically played a historically more important role in the introduction of federal tax revenues, developed countries have left the tariffs as a basic source of funding, salaries or sales taxes.
The director of the National Economic Council of the White House, Kevin Haset noted that mutual tariff talks continue “other countries”. (Getty Images)
Tariffs in the United States are collected by Customs and Border Protection (CBP), which is a subordination of the Department of Security of the Fatherland. Trump offered to create “External income service“It will be responsible for collecting tariffs, although it is not clear that this plan will move forward.
Secretary of the US Treasury Scott Bayy appeals to President Donald Trump’s economic and fiscal goals, during the first interview of Kudlow to Kudlow.
President Trump also discussed the use of tariffs, the US economy returns to its “Golden Age”, it is possible to eliminate the Federal Income Tax and prevail the government’s expenses at tariffs.
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“We were talking about the basis for discussions on mutual trade,” Haset said with further meetings of the alleged four-day meetings. “The person who guided those discussions today, of course, was Howard Lutnik. But I was on those calls too. “
Everything is “in progress”, adding to Haset. “Everyone is talking about it now. In fact, conversations with other countries started this morning … You can see a statement on progress or also about it [Trump’s] thinking about today and yesterday after having exchanging views. It’s more outlines. “
Fox Business’ Eric Revell contributed to this report.
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