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Trump officials back president’s economic policies amid tariff uncertainty

President Donald Trump’s tariff rocked the markets in recent weeks, which raised concerns about the high prices of consumers and their impact on the labor market, as White House officials have sought to defend their policies and indicates that the economy will soon be more certain.

CNBC said that Trump’s tariff had made China, Canada and Mexico to do more about illegal immigration and fentian smuggling, adding that Trump’s mutual tariff once politics is entering April 2.

“From now and April 2, there will be some uncertainty,” Haysit said on Monday. “But as April approaches, the markets will see that the mutual trade has a great meaning.”

Kevin Haysit

The director of the National Economic Council, Kevin Haysit, said that there will be more certainty after the presidential tariffs of the president entered on April 2. (Mark Wilson / Getti Emiez)

Treasury Secretary Scott Payet was asked by NBC News’ Kristen Welker in his appearance on “Meet the Press” if he can guarantee that there “will there be a recession on President Trump’s watch?”

Trump says we are a “stupid trade”, not “free trade”

“Well, Christine, you know that there are no guarantees, like those who predicted Covid? So I can predict that we are setting strong policies that will be permanent. There may be an amendment because I told you, this huge spending that we had, if we continue to do so – we have to implement our country about it,” Bessent said on Sunday.

“On the other hand, we will activate the private sector. I held a meeting with young bankers last week, and they are ready to start lending. I can tell you that the main street will fulfill a good performance.”

Trump threatens more customs tariffs on Canadian steel, aluminum, electricity and cars

Scott Beesen, Donald Trump and Heard Lutnick at the Oval Office

Treasury Secretary Scott Beesen and Trade Minister Howard Lootnick defended President Trump’s economic policies. (Chris Klipnis/CNP/Bloomberg via/Getty Images)

Follow Welker and ask Bessent if it was a reference to the “modification” economy that could lead to recession.

“There is no reason for it,” Bessin answered. “But, I can tell you that if we remain on this path, what I can guarantee is that we were going to face a financial crisis. I studied it, we learned that, and if we continue to do so on these spending levels – everything was not sustainable. So here we put it – we re -set it, and we put things on a sustainable path.”

“Trump’s policies are the most important thing that America was at all,” commerce Minister Howard Lootnick told CBS News last week.

Howard Lootnick in front of the Senate Committee

Trade Minister Howard Lootnick praised Trump’s policies in an interview with him recently. (Kayla Bartkowski / Getty Images / Getty Images)

He added that the benefits of policies will be “worth it” even if it led to a recession, saying that “the only reason that there may be a recession is that the nonsense of Biden that we had to live with. These policies produce revenues. It produces growth. They produce factories that are built here.”

Caroline Levitt says AP correspondent is clearly failed to realize the Trump tariff plan after hot exchange

Last week, White House press secretary Caroline Levitte said in response to a question from the Associated Press Josh Bouak’s correspondent about Trump’s tariff during a press conference that the president “does not actually walk in long -distance tax” added: “A tariff tariff is like a tax lifting on foreign countries that, again, we are cuddled.

Levitt discussed the dust on Fox News “on the future Sunday” during the weekend, as hosts Maria Barteromo said that the president’s tariff aims to achieve revenues that allow a larger tax reduction.

White House press secretary Caroline Levitt

White House press secretary Caroline Levit has argued that the definitions are a tax reduction for the Americans. (Kevin Lamark / Reuters)

“he [Boak] Levitte said that the long -term economic strategy of President Trump, which is to achieve many revenues, and a lot of wealth in our country through definitions, so that we can give greater tax cuts to the American people to return money to their pockets.

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There is a wide agreement between economists that the customs tariff is a tax on imported goods that the importing company usually pays, which in turn passes through some or most of the cost of customs tariffs for consumers in the form of higher prices.

2025-03-17 17:56:00

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