UP

Trump's tariffs 'not going away', top adviser says

Home page World
12 Punto 14 Punto 16 Punto 18 Punto

US President Donald Trump is not planning to extend the pause to his sweeping global tariffs.

Axar.az informs, citing Fox news, Commerce Secretary Howard Lutnick stated this.

The president's plan - where countries face between 11% to more than 100% tariffs on goods brought into the US - was announced in April. But the majority of the tariffs were paused by Trump for 90 days in the wake of stock market volatility.

Speaking with Fox News, Lutnick said he expects the President to stand firm when that 90 day pause expires at the start of July.

A key trade deal would be with China, who US Treasury Secretary Scott Bessent said has "not been a reliable partner" and claimed it was holding back products in the global supply chain.

The president's top trade advisers presented a united front in their appearances on separate US morning television programmes on Sunday.

They remained steadfast on the tariff agenda, which has faced ongoing challenges in the nation's court system.

"Tariffs are not going away," Lutnick said in response to the court cases.

He added that the US "could sign lots of deals now" but the Trump administration is working to "make them better".

"You're going to see over the next couple of weeks, really, first class deals for the American worker," he said..

And on the expiration of the 90 day pause, Lutnick said: "I think that's the deadline, and the President's just going to determine what rates people have if they can't get a deal done".

When the pause expires, in theory it would enact sweeping tariffs on countries across the globe.

Imports from about 60 trading partners that the White House has described as the "worst offenders", including the European Union, Vietnam, South Africa and more, will face higher rates.

Date
2025.06.02 / 11:38
Author
Axar.az
See also

Kurtulmush re-elected as Turkish Parliament speaker

Yermak and Kellogg discuss war, sanctions

Ukraine downs 41 Russian aircraft

Former Kyrgyz President jailed for 11.5 years

Iran boosts nuclear site defenses

Switzerland backs new Russia sanctions

Dutch government collapses after Party exit

Fidan and Rubio hold talks on global crises

Ukrainian military losses updated on Day 1196

Iran’s Foreign Minister meets Lebanese President

Latest
Xocalı soyqırımı — 1992-ci il Bağla
Bize yazin Bağla
ArxivBağla