Cnn
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Trump senior officials offer mixed messages on the possibility of negotiations on the president newly announced pricessupervise the decision as a necessary economic reset and minimize Volatility of the severe market and uncertainty.
President Donald Trump Long threw as a negotiator – and left the door open to reducing pricing agreements with countries. But the messaging of its main economic lieutenants on Sunday painted a more troubled image of the possibility of relief.
Trump announced last week last week of prices of at least 10% in all countries, rates going even higher for 60 countries considered to be the “worst offenders”. The universal rate of 10% entered into force on Saturday, while personalized prices will take effect on Wednesday.
More than 50 countries approached the White House to talk about the drop in prices following Trump’s announcement, officials said on Sunday.
This awareness, the Secretary of Commerce, Howard Lunick, told CBS News “Face The Nation”, shows “that all these countries know that they have torn us, and the day came for the end.”
Although the President previously interrupted prices to allow negotiations in other situations, Lutnick clearly said that the administration planned to continue the prices which should come into force on Wednesday.
“There is no postponement. They will certainly stay in place for days and weeks. It is a bit obvious. The president must reset world trade,” he said, adding: “He announced it and he was not joking, the prices arrive.”
Meanwhile, Trump said on Sunday evening that he had presented calls from technological leaders and world leaders during the prices weekend.
“I have spoken to many countries. … Each country calls and is very concerned, very, very kind,” the president told journalists on the Air Force One.
Trump said on Sunday that it was open to negotiations – if the countries are tackling their trade deficits with the United States.
“I want to solve the problem of the deficit we have in China, with the European Union and other nations, and they will have to do it. And if they want to talk about it, I am open to speak,” said the president.
CNN reported Whether Trump administration is active discussion with Israel, Vietnam and India on the possibility of tailor -made commercial transactions, with Israeli Prime Minister Benjamin Netanyahu who should meet Trump in the White House on Monday for direct talks.
But questioned about the example of Vietnam and the potential lifting of prices, Trump’s main advisor on trade and manufacturing, Peter Navarro, said the administration soon that the administration did not negotiate.
“It is not a negotiation. It is a national emergency based on a trade deficit which has become out of control because of the cheating. We are always ready to listen to, this is what Donald Trump is doing the best,” he said in an appearance in “Sunday Morning Futures” of Fox News. “”
Navarro added: “But I just want to say to the world here: if you want to come and talk to us, don’t say that you want to reduce the prices and end it. This is the cheating non-runner. Stop manipulating their motto, stop throwing things.”
The secretary of agriculture, Brooke Rollins, was not able to say clearly if the prices are there to stay or if there was room for the offers.
“It is the ultimate merchant who is a businessman at the head of our government. But the president is resolved in his goal and his audacity and his fearlessness and in his invalidy to ensure that we put America first using these prices, “she told Jake Tapper de CNN on” the state of the Union “.
And the Treasury Secretary Scott Bessent said Trump “created a maximum lever effect for himself”.
“This is not the kind of thing you can negotiate in days or weeks,” he told NBC “Meet The Press”.
Elon Musk, one of Trump’s most influential advisers and the face of the Ministry of Efficiency of the Government of Administration, said Saturday That he hopes for a “zero-tail situation” between Europe and the United States, indicating a negotiation room.
“In the end, I hope that it is agreed that Europe and the United States should ideally evolve, in my opinion, to a zero-tail situation, effectively creating a free trade area between Europe and North America,” Musk said in a video interview with the video connection with a league congress in Florence in Italy.
On Sunday, administration officials repeatedly minimized the economic upheavals of rocking markets. As the market closed on Friday, the DOW had displayed its greatest consecutive losses since March 2020, at the start of the COVID-19 pandemic. US stock contracts plunged on Sunday evening and stocks had to open strongly Lower Monday.
Navarro urged American investors to “sit tight” and “do not panic”.
“The intelligent strategy is not to panic, to stay. Because we are going to have the biggest boom on the stock market that we have ever seen under Trump’s politics. … People should simply sit tight-let this market find its buttocks. Do not be shaking by panic in the media, and life will be beautiful under Donald John Trump,” he said.
With economists degenerating concerns concerning the Possibility of recessionBessent said he had rejected the hypothesis.
“There must not be a recession. Who knows how the market will react in a day, in a week? What we look at is to build the long-term economic fundamentals of prosperity,” he said.
Goldman Sachs analysts in a note last week said that the economic growth pulled by Trump’s budgetary policies would not be able to compensate for the damage caused by its massive price plan.
Rollins challenged the characterization of the markets that crashed and characterized it as an adjustment.
“While the economy, the market, begins to adapt, we will see a more positive-while we move, I believe, very quickly,” she told CNN.
Rollins also indicated that there could be support for farmers affected by prices, pointing to Previous relief During Trump’s first term.
“We must be prepared that if there is a longer term damage … We will make sure that we have the funds to work with the senators and work with the appropriars, that we can do what we have done the last time,” she said.
For his part, the president returned to familiar patterns while the anxious Americans watched their retirement accounts fall, each spending the last four days in one of his golf properties in the south of Florida.
As demonstrators assembled to demonstrate Against Trump’s pricing policies across the country – including West Palm Beach – the White House offered an official statement announcing that the president won a golf tournament in his club on Saturday.
“The president won his second round match of the senior club championship today in Jupiter, Florida, and advances in the championship tomorrow,” the statement said.
Democratic Senator Adam Schiff of California told NBC’s “Meet the Press” that the shared screen image “could end up being the most sustainable image of Trump’s presidency”
“It is-the president in a golf cart while people’s retirement is in flames,” he said.
This story has been updated with additional developments.
Samantha Waldenberg and Christian Sierra de CNN contributed to this report.