White House Economic Council director Kevin Hassett said that the effectiveness of President Donald Trump’s tariffs on Sunday was doubling the effectiveness of Sunday’s tariffs, with dozens of countries looking to start negotiations, and that U.S. manufacturing is booming.
Hassett claimed when he appeared on ABC News “This Week” with host George Stephanopulos. He said that over 50 countries already want to negotiate a new trade agreement. Trump’s administration Since its hit last week, the tariffs have admitted that consumers may have short-term pain.
He pointed out the decline in prices that existed. Since China arrived The World Trade Organization in 2000 claims job losses outweigh low prices.
“If cheap products were the answer, if cheap products were to try to improve the real wages of Americans, then the actual income would have risen during that time. Instead, they fell because wages were lower than they had fallen.
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Kevin Hassett, chairman of the White House Economic Advisors Council, speaks to media members outside the White House in Washington, DC (Andrew Haller/Bloomberg via Getty Images)
Hassett added that he received “anecdotal words” that some U.S. automotive factories are adding a second shift to their work schedules in response to tariffs.
Stephanopulos then pressed Hassett to explain why Russia was not targeted There are additional duties.
“There’s clearly been ongoing negotiations with Russia and Ukraine, and I think the President has decided not to blend the two issues. That doesn’t mean that Russia will be treated very differently from all other countries,” replied Hassett.
President Donald Trump shocked the world last week with his big tariff wave.
“But Russia is one of the only countries and one of the few countries that are not subject to these new tariffs, right?” Stephanopoulos pressed.
“They are in the middle of negotiations, George, aren’t they?” Hassett retorted. “Would you recommend that you come in and put a lot of new things on the table in the middle of negotiations that will affect the lives of many Americans, Ukrainians and Russians?”
Russia was left unharmed by a wave of Trump’s tariffs last week. (Mikhail Metzel/Pool/AFP via Getty Images)
“Negotiators always do that,” claimed Stephanopoulos.
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“Russia is in the middle of negotiations on peace, and it really affects thousands of people, and that’s what President Trump is focusing on now,” Hassett said.
