US Treasury Secretary Scott Beesen says President Donald Trump uses “strategic uncertainty” in commercial negotiations with world leaders.
During an interview with ABC News with “this week”, Martha Radds, on Sunday, Pesin defended firmly from Trump’s approach to the definitions despite the decline in voter feelings because of his dealings with the economy.
“In the theory of the game, it is called” strategic uncertainty “. So you will not tell the person on the other side of negotiation as it will end up. No one is better to create this leverage from President Trump. “
“He showed these high definitions – and here the stick.” And the carrot is “Come to us, take off your definitions, take off your non -fire barriers, stop manipulating your work, stop supporting work and capital, and then we can speak. “
In early April, Trump made waves all over the world when he announced a series of sharp tariffs on dozens of countries, many of which were reliable American commercial partners.
However, a few days after his announcement, Trump stopped the highest 90 -day tariff, while maintaining a 10 % basic rate for most countries.
Trump defended to announce a set of drawings, which is to attack the trade deficit and to redirect what he has said long ago are the customs tariff policies that the United States – especially its manufacturing sector – has been in a non -favorable situation in the global market.
Trump’s commercial policy caused her contact with her long alliances with Canada and Mexico and dismantled any relationship with China. Trump’s actions this month also contributed to fluctuations in stock and bond markets. Many economists have criticized the commercial management strategy, and they interrogated the unpredictable dramatic approach to Trump.
Trump implemented a 145 % tariff rate on Chinese goods, causing Beijing’s response by placing 125 % of the customs tariff on American goods – a severe economic escalation among global great powers.
However, Bessent said on Sunday he believed that there is a “way” to resolve the trade conflict with China.
He said: “The first path will be to cancel the escalation, and I think that the Chinese will have to them.”
“The commercial deal may take months, but the agreement in principle, good behavior and survival within the criteria of the deal by our commercial partners can prevent definitions from returning to the maximum level.”
