Trump team tries to project confidence after the tariff moved ram markets

Atlanta, Trump administration officials were in effect on Sunday over the television networks that defended President Donald Trump’s economic policy after another week of the markets that turned the Republican administration on some of its steepest rates. White House advisors and cabinet members have tried to project confidence and calm in the midst of Trump’s on-weather approach to rates on imported goods from around the world. But their explanations about the overall agenda also reflect shifting stories of a president who, as a candidate in 2024, promised an immediate economic boost and lower prices, but now asks US businesses and consumers for patience. A week ago, Trump’s team stood by his promise to leave the approaching rates in his place without exceptions. They used their latest news programs to defend its move to Ratchet to a universal rate of 10 percent for most countries, except China, while granting exemptions for certain electronic smartphones, laptops, hard drives, flat panel monitors and semiconductors. Here are the highlights of what Trump lockers said last week by Sunday: There are different answers about the purpose of the rates long before starting his first presidential campaign in 2015, Trump regretted the US manufacturing. His promise is to re -industrialize the United States and eliminate trade deficits with other countries. Last week, Howard Lutnick, secretary of trade, interviewed CBS’s “Face the Nation”, played national security. “You need to realize that this is a national security issue,” he said, and the worst case of what could happen if the US was involved in a war. ‘We no longer make medicine in this country. We don’t make ships. We don’t have enough steel and aluminum to fight, right? ‘ He said. On Sunday, Lutnick held on to the national security framework, but White House dealer Peter Navarro focused more on the import tax leverage the larger economic puzzle. ‘The world is cheating us. They have been cheating on us for decades, “Navarro said on NBC’s” Meet the Press. ” He quoted practices such as dumping products at unfair low prices, currency manipulation and barriers to US car and agricultural products entering foreign markets. Navarro insisted that the rates would produce broader bilateral trade transactions to address all these issues. But he also relied on a separate justification when he discussed China: the illegal drug trafficking. “China killed more than a million people with their Fentanyl,” he said. Meanwhile, Lutnick said the exemptions for certain electronics could be subject to new rates targeted by the sector. “They’re going to have a special focus type rate to make sure the products are resettled,” he told ABC’s’ this week. The status of negotiations with other countries, including China, remains vague last week with the higher rates to be collected from April 9, administration officials argued that other countries will rush to the negotiating table. “I have heard that negotiations are ongoing and that there are a number of offers,” Kevin Hassett, director of the White House Economic Council, told ABC. He claimed that ‘more than 50 countries that reach out’, although he did not mention. Sunday Navarro has named the United Kingdom, the European Union, India, Japan, South Korea, Indonesia and Israel as among the nations in active negotiations with US trade representative Jamieson Greer, Lutnick and other officials. Greer said on CBS that his goal was “to get meaningful transactions” before 90 days – the duration of Trump’s pause – “and I think we will be there with several countries within the next few weeks.” Conversations with China have not started yet, he said. “We expect to have a conversation with them,” he said, emphasizing that it would be between Trump and Chinese President Xi Jinping. Navarro was not so specific about Beijing. “We opened our invitation to them,” he said. Lutnick characterized the outreach as “soft starters … by intermediaries.” Navarro said whether there is a significant back and forth, said: “The president has a very good relationship with President XI.” He then continued to criticize several China’s policies and trade practices. The stands are different, but the confidence is that this past week was constant, Navarro was, even after US and global trading markets suffered trillions of dollars from losses. ‘The first rule, especially for the smaller investors out there, you can’t lose money if you don’t sell. And now the smart strategy is not to panic, “he said on Fox News Channel’s ‘Sunday Morning Futures’. Sunday Navarro’s optimism did not stem, despite another net loss week for security markets and rocky bond markets. “It unfolds exactly as we thought it would be in a dominant scenario,” he said. Others have confronted some of the more complicated realities to achieve Trump’s goal of restoring a bygone era of US manufacturing. Lutnick suggested that the focus is on returning high-tech jobs, while the questions about producing goods such as shoes that could mean higher prices because of higher wages for US workers. But some of the high-tech production is what Trump has provisionally released from the rates he and his advisers as leverage for the force of businesses to open US facilities. Hassett did acknowledge widespread anxiety. “The recording data showed that people were anxious about the changes a bit,” he said before he lasted his answer to employment figures. “The hard data,” he said, “was really strong.” GRS GRS This article was generated from an automated news agency feed without edits to text.