A major economic advisor to US President Donald Trump said on Sunday that more than 50 countries contacted the White House to start trade negotiations.
During an interview with the “This Week” program in the American broadcaster ABC News, the director of the American National Economic Council, Kevin Haysit, has been deprived of the definitions of being part of Trump’s strategy to overthrow the financial markets and pressure the US reserves to reduce interest rates.
He said that there would be no “political coercion” on the central bank. In a publication on the social truth, on Friday (4), Trump shared a video indicating that his definitions were aimed at overthrowing the stock market in an attempt to compel the interest rates.
In a separate interview on the Meet The Press program on American NBC news, US Treasury Secretary Scott Beesen underestimated the minimum fall of the stock market and said there is no reason to predict stagnation based on customs tariffs.
Trump shook the economies all over the world after announcing wide American imports on Wednesday, which led to reprisals for China and caused fears of the World Trade War and economic stagnation.
In the interview programs on Sunday morning, the best Trump authorities have sought to depict the customs tariff as the restoration of the smart United States in the global trade system, and the economic interruption as a short -term result.
The shares of the United States have decreased about 10 % in two days since Trump announced a new global tariff system.
This decrease is attributed by market analysts and big investors to Trump’s aggressive motive in terms of definitions, which most economists and head of the United States Federal Reserve believe that they can stimulate inflation and weak economic growth.
The markets, which were surprised by the definitions, are facing another week of possible introductory disorders, with the consequences of Trump’s wide import rates while maintaining nervous investors after the worst week for US business since the COVID-19 crisis began five years ago.
“This week” told ABC News that Trump Fares has so far led “more than 50 countries” to contact the White House to start trade negotiations.
On Sunday (6), the President of Taiwan Lay Clay Ters of Zero offered as a basis for American negotiations, and commitment to removing commercial barriers instead of imposing mutual measures, and saying that Taiwanese companies will increase their investments in the United States.
Unlike the other economists, Haysit said it does not expect a major impact on consumers, as exporters are likely to reduce prices.
BESSENT NBC News told that it had not made stagnation on the basis of definitions, noting the growth of jobs in the United States of America is stronger than expected.
“We can see, through the number of jobs, on Friday, that it is one of the expectations that we make, so I do not see any reason to predict the stagnation.”
