Donald trump tariff news: Top US administration officials said more than 50 countries have approached the White House to start trade talks after US President Donald Trump imposed new tariffs. It is noteworthy that ever since Trump has announced a tariff against countries around the world, the stock markets around the world including the US have seen a huge decline and are once again feared a recession.
During a show, Trump’s top economic advisors attempted to depict Tariffs as an attempt to re -establish the US in the global trade system. Treasury Secretary Scott Besant said that since last Wednesday’s announcement, more than 50 countries have started talks with the US, which has given strength to Trump.
However, Besant and other officials were unable to give any details about which 50 countries are ready to interact with Trump and the US on the tariff issue. In addition, no detailed information was given about talks. But interacting with many countries simultaneously can be a challenge for the Trump administration and this may increase economic uncertainty.
Besant dismissed the decline in the stock market, saying there was no reason to expect a recession on the basis of tariffs, saying that there was an increase in employment in the US before the tariff announced last month. Trump shook the economies around the world by announcing a broad tariff on American imports, resulting in a counter -tariff. After this, there was a possibility of global trade war and recession.
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