Senator Ron Johnson, in an interview with the Sunday newspaper, raised questions about President Donald Trump pricing strategyarguing that he wanted to know the “end of the game” of the commander -in -chief.
“One thing I learned in the private sector is that unpredictability can work fairly well in negotiations, but companies want a certainty,” the Wisconsin republican said on the “The Hill Sunday” program.
“They want stability. They don’t like to see volatility,” he continued. “I just questioned exactly what is the end of the game here? What is the strategy?”
Johnson, a conservative legislator of three mandates, is a reliable ally of Trump. His remarks come a few days after Trump temporarily has a higher “reciprocal prices” for some countries.
For the moment, the basic rate rate of 10% of Trump remains in place for most countries. Meanwhile, the United States continues to engage in A growing trade war with China.
Trump announced Friday evening that he would relieve a lot Technological products of China pricesOnly to say Sunday that Sunday that separate prices on technological products would arrive in the future.
The rapid changes in Trump rate rates have led to the volatility of the equity and bond markets, and a range of Economists have expressed their concern on the commercial strategy of the administration.
Johnson sits on both the Senate and Finance budget committees. He is also a member of the international trade, customs and global competitiveness subcommittee.
During Johnson’s interview on Sunday, he described himself as a “shameless trader”.
“From my point of view, I think the trade is good,” he said. “You get goods from people who have a comparative advantage of producing these particular products, and you sell them things where we have the comparative advantage.”
However, Johnson also said that prices can sometimes be useful.
“I can understand that there could be good uses for prices,” he said. “President Trump has proven that, for example, when he threatened Mexico as prices if they did not cooperate to” stay in Mexico “. This helped secure the border.”
“So there is certainly a use for this, but the prices are a sword with a double-edged sword and a fairly blunt instrument,” he added.
Johnson said he didn’t want to use prices to increase federal income.
“You increase income by increasing your economy, having a simplified and rational tax system that encourages economic growth-not only to slap higher tax rates or to engage in a massive trade war which obviously disrupted and frightened the markets,” he said.