Scott Bessent touts tariff strategy, says up to 70 countries want to negotiate

Treasury Ministry. Scott Payet created American tariff negotiations with other countries during his late appearance on Monday afternoon on “Kodlow”.

president Donald Trump has revealed a new tariff for goods imported from foreign countries last week, including 10 % basic tax and “similar individual” definitions on certain countries.

Pisent told host Larry Kudlo that Trump “is better than anyone else in giving the maximum financial lever, so what he did is that we set the definitions on April 2, then gave countries for several days to think about it.”

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As I advised in many offers on April 2, I suggested that foreign officials maintain your goal, and that you do not escalate and come to us with your offers on how to drop the customs tariff, how the non -firearms will fall, how the currency will stop manipulating, and how you will stop the supported funding, and President Trump is ready for negotiations.

Treasury Ministry. Scott Payet created America’s tariff negotiations with other countries. (Andrew Harnik / Getty Images / Getty Images)

Trump said earlier today that he had spoken to Japanese Prime Minister Shigro Ishiba. Since then, the American commercial representative and commercial representative in the United States has been exploited to wear customs tariff negotiations with the country.

Pesin said Trump “will participate directly in these negotiations” as well.

The Treasury Secretary said he had not seen any specific offer from Japan, but he told Kudlo that “50 and 60, perhaps nearly 70 countries” in contact with the Trump administration, which is looking for negotiation.

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“Therefore, the crowded April, May, maybe until June,” said Pesin.

Kudlo told that Japan is expected to get a “priority” with negotiations “just because it advanced very quickly.” He also pointed to the important military and economic relations between America and Japan.

During its appearance, Bessent defended the Trump administration using the trade deficit in its differential calculation to determine the mutual definitions of imports from some foreign countries. He also pointed out that “academic studies have shown that the non -carrier commercial barriers are the real problem in the United States that have free and fair access to these markets.”

BESSENT defended the Trump administration using the trade deficit in its differential calculation to determine the mutual definitions of imports from some foreign countries. (Chip Somodevilla / Getty Images / Getty Images)

Kudlo also asked the Treasury, whether a trade agreement could be made with Japan in the next two weeks.

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“I will repeat what I saw last week for countries that are not discussed. We are at the level of the maximum tariff, and I hope all we will do is to see levels that decrease. But this will depend on other countries. As you know, President Trump will personally participate in these negotiations.