Trump says tariffs will remain until the trade deficit disappears

President Trump said on Sunday that the United States will not reverse tariffs for other nations unless the US trade deficits work with China, the European Union and other nations.

His comments showed that steep import taxes that panicked global enterprises and investors will be present in the long term.

“We are losing hundreds of billions of dollars annually with China a year,” Air Force One told journalists. “And unless I solve this problem, I will not make a deal.” He added that he is willing to deal with China, but they should solve their surplus ”.

Mr Trump’s comments came a few hours after the competition of his senior assistants last week to defend the wide global tariffs of the President of the President who sent global markets to a queue point. Mr. Trump, Jupiter, left the mar-a-lago property for another golf at his club in FLA, while leading economic advisors rejected the turmoil in which the tariffs revealed in the world’s financial markets by insisting that the President’s trade war would ultimately improve the economic delegation of the nation.

However, Mr. Trump sent tariffs as a tool for negotiation as well as mixed signals, as most of their help said on Sunday, they said they wanted to find a way out of tariffs from more than 50 countries.

Trade Secretary Howard Lutnick said, “Tariffs are coming about the CBS’s“ Face the National ”.

Mr. Trump said that he talked to the authorities in Europe and Asia and died to make an agreement ”. He reiterated that Europe was badly treated by the United States and added that there is no talk unless he pays us a lot of money annually ”.

On Sunday evening, the President said that the only way to improve “great financial deficits ile on social media, China, Europe and others is with tariffs and now brought tens of billions of dollars to the USA.

“One day people will understand that tariffs are something very good for the United States!” He wrote.

Mr. Trump’s 10 percent basic tariff for almost every trade partner came into force on Saturday morning. On Wednesday morning, the second round of tariffs will take place. When these taxes are added with tariffs, the President recently imposed foreign metals, cars and exports from Canada, Mexico and China, increasing the tariffs of the United States to imports about ten times.

Mr. Trump saw tariffs as a Cudgel to punish other countries he believed to have been unjustly to America and to push companies to make their products in the United States. However, his efforts triggered the return from countries like China, and Mr. Trump said that his plans to impose 34 percent tariff will match the same level of tasks.

Beijing also seems to have come out of an agreement with the White House to separate the popular application Tiktok from the Chinese owner.

The President told journalists in the Air Force One that China has changed the agreement because of tariffs ”.

“If I made some deduction on the tariffs, they would approve of this agreement within 15 minutes, which shows you the power of tariffs,” he said. Mr. Trump announced on Friday that he would extend the deadline to comply with a federal law that requires Tiktok to change his structure to solve national security concerns.

Mr. Trump’s best advisors spent most of the Sunday to ensure that the President’s plans will ultimately benefit the Americans.

The White House National Economic Council President Kevin Hassett said in ABC’s “this week, in a view that he did not expect to“ see a major impact on the consumer in the United States ,, even if the prices admitted that the tariffs may rise a little ”.

Treasury Secretary Scott Bessent rejected the upright decreases in global markets in the short term last week and stressed that a US was heard in an economic “correction process”. The authority added that the NBC does not need to be “stagnation with the press ile because the administration worked to yap building long -term economic foundations for prosperity”.

“We will take the course,” he said.

Security comes after Mr. Trump hit a tone that challenged on his tariffs in recent days. On Saturday, when the 10 percent tax comes into force, the president Told to his followers In fact, Social: “Wait hard, will not be easy, but the result will be the date.”

Mr. Trump claimed that his tariffs could revive local production and reset trade relations he deemed unfair and harmful to American business and industries. In addition, he wants to earn new revenue to help pay the costs of the economic agenda, including a package to cut corporate and individual taxes.

However, trade policies have led to an important, widespread return that led even the Allies to condemn Washington.

Last week, China announced a number of aggressive retaliation measures that increase the possibility of a permanent and economically harmful trade war. Other countries have tried to negotiate lower rates: Vietnam, faced with a 46 percent tariff rate of the US trade partner, is looking for a 45 -day delay and suggested to reduce its own tariffs to zero.

The best assistants of the President of the President of the Sunday News Show circuit, boasting that they have heard from dozens of countries who wanted to discuss trade.

Agricultural Secretary Brooke Rollins, CNN’s “Unity Status” about “listen, there are 50 our country burning the telephone lines to the White House,” he said. Mr. Trump said that some of his tariffs left some countries to make an agreement with “desperate and willing.

However, the White House sent contradictory messages about the real appetite for negotiation. Mr. Trump suggested that he could make an agreement in exchange for a “extraordinary ör return last week, but Posted on Saturday The tariffs are to “stay here”.

Mr. Besent asked if Mr. Trump wanted to make an agreement, he had a place to negotiate, but nothing would be quick. “For a long time, bad actors,” he said. “And it is not something you can negotiate within these days or weeks.”

As the markets are preparing to open on Monday, it is unlikely that confusion will greet the fears of investors, as they launch the route that lasted a week in which large indices fall rapidly. The worst weekly decline for the S&P 500 has been the worst weekly decline since the first days of the coronavirus pandema.

At one point, Mr. Trump argued that he was part of the strategy of market chaos: wandered It is a video that argues that the chairman of the president was “deliberately collapsed” in order to force the President’s Federal Reserve to reduce interest rates.

Mr. Hassett, who puts pressure on this issue, responded on Sunday, saying that the FED was independent at the beginning, “he does not try to wear the market,” he added.

In recent days, the market period, even some Republicans in Capitol Hill frightened. The Republican Republican Republican Representative Don Bacon predicted that deeper losses could convince the members of the party of the party of the party to support a bill that would help Congress reclaim the authority over tariffs.

“Time to restore the Congress’s officials here,” he said, “face -to -face”.

Field Rapport– Who is minho And Michael Gold He contributed to this story.