How Trump turns into a temporary tariff Donald Trump

Photo of author

By [email protected]


by

In reflecting the plan that he defended for several days, US President Donald Trump delayed all the customs tariffs revealed by the two countries on April 2.

For two days, Trump and the White House denied that he was considering stopping the customs tariff plan Vibrate Global markets.

During an event in an oval office on April 7 with Israeli Prime Minister Benjamin Netanyahu, the Trump correspondent asked, “Will you be open to the customs tariff to allow negotiation?”

“Well, we don’t look at it,” Trump said. “We have many countries that come to negotiate with us, and will be fair deals. In some cases, they will pay a big tariff. It will be fair deals.”

On April 9 – hours after everyone asked “to be cold!” Trump changed the path. “It allowed a temporary stop for 90 days, and a largely reduced exchange during this period, as valid immediately,” Trump’s publication on the social truth. “Thank you for your interest in this!”

An exception to China, raised its tariff to 125 percent.

What are the definitions?

Definitions It is a tax on imported goods paid by companies. Its cost is often transferred to consumers through high prices.

The Trump administration said that by increasing revenues through definitions, other federal taxes can be reduced. However, economists said that high definitions are unlikely to generate sufficient revenues to make meaningful tax discounts for typical Americans.

What did Trump and the White House said initially about the stoppage tariff?

On the morning of April 7, the calculations X have amplified greatly in an undisputed response from the director of the National Economic Council, Kevin Hasit, responding to the possibility of a 90 -day customs tariff. CNBC anchor uninterrupted and subsequently broadcast correction.

On April 7, Trump participated in a clip from the Fox News Maria Bartiromo, saying earlier this morning, “Prices are declining, oil prices are declining, the occurrence of restrictions. … President Trump does not bow.”

The White House set up the Trump line. Its rapid “47” account said reports that Trump was expected to issue a 90 -day stand “Fake News”. White House press secretary Caroline Levit told CNBC the same thing.

During a media briefing at the White House on April 8, one of the correspondents asked Levit if Trump was considering imposing or reversing some definitions due to negotiations with other countries.

“The president was asked and answered yesterday,” Levitte said. “He said he was not thinking about extension or delay. I spoke with him before this briefing, it was not a mentality. He expected these definitions to enter into force.”

The US Securities Market suffered from the days and loud losses amid the declared Trump tariff.

How did Trump explain his variable position?

Trump’s social announcement of a temporary stop for most of the definitions came shortly after 1 pm Eastern time on April 9. He said that more than 75 countries contacted federal officials Negotiation A solution and has not taken revenge, with the exception of China.

A few hours later in an event with the contestants on the cars, a Trump correspondent asked to explain his thinking. Trump said: “Well, I thought people were jumping a little outside the line, they were getting YipPy, you knew that they were getting a little of the Libyan, fearful.”

In response to another question about stopping the stop, Trump said: “I think in the financial markets, because it changes. Look at what extent today’s change. We have moved, as you know, somewhat moderate today, but during the past few days, it seemed very miserable, I think they say it was the largest day in financial history.”

Even after an increase of 9.5 per cent in the S&P 500 market on April 9, the scale was still almost 11 percent since its peak under Trump’s leadership on February 19, where he wiped all gains since early September 2024, under Trump and his predecessor Joe Biden.

One of the correspondents noticed how Trump moved from any stoppage to a temporary stop in two days.

“You have to have flexibility. I can say, here is a wall and I will go through this wall. I will go to it, no matter how much,” Trump said.

Trump said he was considering a temporary stop “during the past few days” as he was talking to Treasury Secretary Scott Bessen and Trade Minister Howard Lottenic. “I think it might meet early this morning, early this morning, he just wrote it,” Trump said.

*Loreben Tuquero, Madison Czopek and Louis Jacobson contributed to examining this fact.*



https://www.aljazeera.com/wp-content/uploads/2025/04/AFP__20250409__39RJ9H9__v1__HighRes__UsPoliticsTrump-1744272241.jpg?resize=1920%2C1440

Source link

Leave a Comment