Trump demands "a lot of money" for tariff cancellations - Reuters
US President Donald Trump, commenting on the imposition of global tariffs, called them the "medicine" needed to remedy the situation in world trade, despite significant losses in stock markets.
This is reported by Reuters, Censor.NET informs.
"I don't want anything to go down. But sometimes you have to take medicine to fix something," Trump told reporters on board Air Force One.
According to him, over the weekend he spoke with leaders from Europe and Asia who are trying to achieve a weakening of tariff policy. However, the president stressed that negotiations were possible only under the condition of annual payments to the United States: "They are coming to the table. They want to talk but there’s no talk unless they pay us a lot of money on a yearly basis."
As noted, the introduction of tariffs has already caused Asian markets to fall and futures on US exchanges to collapse due to fears of inflation, lower demand and the possibility of a global recession.
Nevertheless, the Trump administration insists that the tariffs are a strategic tool. Treasury Secretary Scott Bessent said that more than 50 countries have already begun negotiations with the US after the tariffs were announced. "He's created maximum leverage for himself," Bessent said.
Commerce Secretary Howard Lutnick added that the tariffs would remain in place "for days and weeks".
In turn, White House adviser Kevin Hassett assured that this was not an attempt to pressure the US Federal Reserve to cut rates and that there would be no political coercion.
Trump imposes tariffs
As a reminder, Trump signed a decree imposing a minimum 10 percent tariff on almost all goods entering the United States. For some countries, the tariffs are higher. In particular, China - 34%, the European Union - 20%.
Later, it became known that Trump had declared a state of emergency in the country's economy.
US Secretary of Commerce Howard Lutnick has said that the US has no intention of delaying the "reciprocal" tariffs announced earlier this week by US leader Donald Trump.
The White House said that after US President Donald Trump had imposed tariffs on imports of foreign goods, more than 50 countries had asked the White House to start trade negotiations.
It is known that the European Union is preparing a $28 billion response to Trump's duties, and China has called on Washington for "equal consultations".
