More than 50 countries contacted the White House to initiate commercial conversations after the president of the United States, Donald Trump, imposed new tariffs, officials said Sunday while defending the taxes and subtracted importance to the economic consequences in Sunday’s morning programs, Trump’s main economic advisors tried to present the tariffs as an intelligent repositioning of the United States in the world commercial order. They also tried to minimize the economic repercussions of last week’s announcement, before the agitated opening of Asian stock markets planned for Monday. The Vanguard also reads the secretary of the Treasury, Scott Besent, said that more than 50 countries had started negotiations with the United States since the announcement last Wednesday, which places Trump in a position of power. Neither Besent nor the other officials appointed the countries nor offered details about the conversations. But simultaneously negotiating with multiple countries could be a logistic challenge for Trump’s government and prolong economic uncertainty. “He has created the maximum leverage for himself,” Besent said at Meet The Press of NBC News. Besent fell importance to the fall of the stock market, which lost almost 6 billion dollars in value of the United States actions last week, and said there was no “reason” to anticipate a recession based on tariffs, citing employment growth in the strongest United States than expected. Read also agencies a commercial warfar shook economies around the world after announcing broad tariffs to US imports, motivating retaliation levies by China and unleashing fears of a global commercial war and a recession. JPMorgan economists now estimate that tariffs will cause the Gross Domestic Product of the United States throughout the year to decrease 0.3%, below an earlier growth estimate of 1.3%, and that the unemployment rate rises to 5.3% from the current 4.2%. While investors prepared for the opening of stock markets in Asia, the Republican president spent the weekend in Florida, playing golf and publishing a video of his blow to social networks on Sunday. Negotiation tariffs the American customs agents began to collect on Saturday the unilateral Trump tariff of 10% above all imports from many countries. On Wednesday at 12:01 am east time (0401 GMT) will enter into force “reciprocal” tariffs higher from 11% to 50% on individual countries. Some countries have already shown their willingness to negotiate with the United States to avoid tariffs. The president of Taiwan, Lai Ching-Te, offered on Sunday Tariff Zero as a basis for conversations with the United States, promising to eliminate commercial barriers and stating that Taiwanese companies will increase their investments in the United States. The Israeli prime minister, Benjamin Netanyahu, said he would seek an exemption from a 17% tariff on the country’s assets during a meeting planned with Trump on Monday. It also reads the avant -garde an Indian government official told Reuters that the country does not plan to retaliate against a 26% tariff and said there were ongoing conversations with the United States about a possible agreement. In Italy, Prime Minister, Giorgia Meloni, Trump’s ally, pledged Sunday to protect companies harmed by a 20% planned tariff on products from the European Union. Italian wine producers and American importers present on Sunday at a wine fair in Verona said the business had already slowed down and feared more durable damage. Trump suggests that their tariffs seek to hit the market in an attempt to force the descent of interest rates, shaken by tariffs, they face another week of possible turbulence after the worst week for US actions since the beginning of the Covid-19 pandemic five years ago. The S&P 1500 index, one of the widest measures of the US market, lost almost 6 billion dollars of value in the two days after Trump’s announcement and has left almost 10 billion dollars since mid -February, a significant blow for retirement savings of millions of Americans. The Economic Advisor of the White House, Kevin Hassett, denied that tariffs are part of a Trump strategy to sink financial markets in order to press the US Federal Reserve to cut interest rates. He said there would be no “political coercion” on the Central Bank. Lee also Piergiorgio M. Sandri in a publication in Truth Social on Friday, Trump shared a video that suggested that his tariffs intended to hit the stock market on purpose in an attempt to force the descent of interest rates. The publication in social networks fueled the world debate about whether Trump’s tariffs were part of a new permanent tariff regime or simply a negotiation tactic that could lead to tariffs were softened through concessions from other countries. The Secretary of Commerce, Howard Lutnick, suggested in the Face the Nation of the CBS News chain that could be the second, stating that the tariffs would remain “for days and weeks.” Lee also Iñaki de las Heras the process used to determine tariffs was the subject of scrutiny last week after they applied to uninhabited Antarctic islands populated by penguins and other tiny and remote places. Lutnick said a comprehensive approach was needed so that small nations could not be used by larger countries to avoid tariffs. “Basically (Trump) said: ‘I can’t allow any part of the world to be a place where China or other countries can send through them,” Lutnick said.
