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Old 04-04-2025, 10:12   #1495
Hugh
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Re: President Trump 2.0

https://wapo.st/4chsBdN

Quote:
President Donald Trump on Thursday contradicted his top aides on the purpose of his sprawling new global tariff regime, adding to the uncertainty over the trade war that has sent markets reeling.


Earlier in the day, top Trump aide Peter Navarro and Commerce Secretary Howard Lutnick said the president was not looking to strike deals over the tariffs. “This is not a negotiation,” Navarro told CNBC.


White House officials also circulated internal talking points telling surrogates that the tariffs should not be characterized as a starting point for negotiations, according to three people with knowledge of the matter who spoke on the condition of anonymity to describe internal matters.



But after markets closed down sharply, Trump told reporters on Air Force One that he would be open to striking deals with individual countries.


"Every country is calling us. That’s the beauty of what we do,” Trump said. “We put ourselves in the driver’s seat. If we would have asked these countries to do us a favor, they would have said no. Now they will do anything for us.

”
Trump added: “The tariffs give us great power to negotiate. They always have."

”
The diverging statements came as stock markets slumped worldwide on fears of an escalating trade war.
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