Trump, about imposing customs duties: “When they enter into force, the income tax of many people will be completely eliminated”
Scott Bessent, the American secretary of the treasury, defends the tariff policy of President Donald Trump on Sunday, which he considers a means of creating a “strategic uncertainty”, in order to give an advantage to the United States.
President Donald Trump's tariff policy: Profimedia
Scott Bessent, the American secretary of the treasury defends the tumultuous tariff policy of President Donald Trump on Sunday, which shakes the world economy, as a means of creating a “strategic uncertainty”, in order to give an advantage to the United States, AFP reports.
“In the theory of games there is talk of strategic uncertainty, that is, you will not tell the person on the other side of the negotiations where you will stop,” said Scott Bessent, according to AFP. “No one is better placed than President Trump to create this lever effect”, Stressed the secretary of the treasury.
Much more important customs duties could be imposed in June, after a postponement announced by Donald Trump. Asked about the progress in the commercial negotiations committed by the Trump administration with countries to which he imposed customs duties, Scott Bessent was avoiding. He was pleased to say that certain neglected “advances very well, especially with Asian countries.”
For the moment, Washington has given priority to negotiations with Allied countries, such as Japan, South Korea and Switzerland.
“It will be prosperity for America”
Also, on Sunday, April 27, Trump said on his social network Truth Social, that once the rates will enter into force “will be prosperity” in the USA.
“When the tariffs enter into force, the income tax of many people will be substantially reduced, maybe even completely eliminated. The emphasis will be placed on people who earn less than $ 200,000 a year. Also, a massive number of jobs are already created, with new factories and factories under construction or planned. It will be prosperity for America !!! The external income service happens !!!“Said Donald Trump.
In an interview published by Time Magazine on Friday, the US president announced that negotiations with China were under an attempt to reach an agreement and suggested that this process would be successfully concluded in the coming weeks.
Trump has revealed that he had discussed on the phone with his Chinese counterpart Xi Jinping, without pointing out when and what they have been. However, Beijing reiterated on Saturday that they are not carrying any commercial negotiations with the United States.
Scott Bessent suggests that China could deny the existence of these in progress because it “addresses a different audience.”
