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Officials vow to remain a course as a country star-news.press/wp

Bernd Debusmann Jr

Reporting fromOn board Aeronautics one
Reuters Donald Trump has a sign showing different tariff ratesReuters

U.S. President Donald Trump and his advisors defended caring tariffs on imports and vows to remain a course, despite market turning and calls to avoid the trade war.

In a series of television interviews, the Secretary of State Scott Bensent played a recent Stock Exchange and Howard Lutnick, the Secretary for Trade, would insist in the planned.

Bessent said there was “No reason” expect a recession as a result of unrest. “This is the process of adjustment,” he said.

Meanwhile, another top counselor Kevin Hassett said that more than 50 countries have contacted Trump in order to try to negotiate agreement.

All three main stock indices in the USA had been standing more than 5% on Friday, while S & P 500 fell almost 6% in The worst week for the US Stock Exchange from 2020. years.

On Sunday, the market name could continue this week, Saudi Arabian Stock Exchange – which traded on Sundays – finished almost 7% lower, his greatest loss of pandemic, they said pandemic, state-owned state media.

The American banking giant JP Morgan predicted 60% chance of the American and global recession after Trump’s tariff announcement.

Reuters Secretary Treasury Scott Bensent (left) is resembled with Trump and Trade Secretary Howard Lutnick (right) in Oval Office in FebruaryReuters

BESSENT (left) in Figure Trump and Trade Secretary Howard Lutnick (right) in Oval Office in February

Speaking with journalists at airports on Sunday night, Trump said that European and Asian countries “die to arrange”.

He also withdrew against the investigation of journalists about American consumers “” Prague Bol “, because fears of steep prices and market recession grow.

“I think your question is so stupid,” he told the journalist. “I don’t want to go down anything. But sometimes you have to take the medicine to fix something.”

Delivered due to the turmoil, Lutnick told the news of the CBS on Sunday that 10% of the “basic” tariff on all imports, which came into force earlier, will definitely “be on the place of the day and a few years.”

Lutnick continued, saying that relevant reciprocal tariffs were still on their way.

Larger adapted tariffs at approximately 60 countries called “worst offenders”, they should enter into force on Wednesday 9. April.

When asked about these tariffs, Lutnick said they were coming. “(Trump) announced and he wasn’t kidding,” he said.

Lutnick also defended the tariffs imposed Two small Antarctic islands Silated only penguins, saying that was the closure of “holes” for countries like China to “Delivery”.

“Maximum impact”

Besen used an interview with a pressurized NBC to argue with Trump “created the maximum impact for themselves, and more than 50 countries have been admitted to the reduction of their tariffs, stopping currency manipulation”.

Kevin Hassett, another top economic advisor Trump, also reiterated the claim that more than 50 countries expressed a desire for the beginning of negotiations. Neither Hassett Ni Bessent did not give additional details about which countries were in contact.

American Treasury Minister Scott Bessent says there is “no reason” to expect a recession

By the way, Indonesia and Taiwan said over the weekend that they would not impose rentaliators of the tariffs after the United States announced 32% import import from both countries.

Vietnamese leader, on Lama, asked Trump to postpone 46% of Vietnamese exports to the United States “at least 45 days”, lists the letter she saw the news of AFP and New York Times.

However, China announced on Friday on Friday Tariff is imposed 34% On all American imports, starting on Thursday 10. April.

UK Prime Minister Sir Keir Starmer warned Saturday that “the world as we knew he left”.

The starmer said the UK government would continue to push for economic work with the US avoiding some of the tariffs.

The Downning Spokesperson added Starmer and the new Canadian Prime Minister Mark Carney agreed in the phone call to “all output trade is not in interest.”

Israeli Prime Minister Benjamin Netanyahu is expected to acquaint Trump for trade conversations in Washington DC.

Netanyahu, talking to journalists as he boarded a plane connection for the United States, said “the first international leader who met with Trump”, because new tariffs were introduced.

He says that this shows their “personal relationship and the connection between our countries that are so important at this point.”

Reuters

Protests against Trump were held in dozens of cities of American cities, partly over tariffs

Protests against Trumps were held in cities across the US over the weekendIn the largest whole show of opposition, because the president conveyed his duty in January.

Hundreds of thousands of people turned out to Boston, Chicago, Los Angeles, New York and Washington, among other cities, and the protesters quoted the complaints with Trump’s agenda ranging from social to economic issues.

Trump invited the United States to “hang hard” after market turmoil.

2025-04-07 01:06:00

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