President Donald Trump holds an executive command about the increase in the definitions surrounded by US Trade Minister Howard Lottenic, at the White House Oval Office in Washington, DC, United States, February 13, 2025.
Kevin Lamark Reuters
The Minister of Trade Howard Lootnick told “Trade Administration Howard Lottenic” in the face of a sale in the global stock market, CBS “the face of the nation” Sunday.
The shares were greatly sold in the United States and around the world after the president Donald Trump A large -scale tariff was launched on April 2. In addition to a 10 % duty on all imported goods, Trump announced higher materials on imports of 57 countries, which are scheduled to take place on April 9.
“The definitions are coming. I declare it, and it was not joking. The definitions are coming. Of course they are.”
He added that the White House is not considering extending the deadline to start.
“There is no postponement.” They will definitely stay in their place for several days and weeks. ” “The president needs to reset global trade. Everyone has a trade surplus and we have a trade deficit.”
In the two trading sessions after the announcement, global shares have wiped $ 7.46 billion in the market value, based on the market value of the S&G Broad Market, according to the S& P Jones indicators.
Lootnick comments echoing the Ministry of Treasury’s comments Scott Pesin NBC’s “Meet the Press” Sunday. Pesin said that the Trump administration “will hold the course” in imposing definitions.
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