Trump Expresses Openness to Negotiations but No Pause on Tariffs
(MENAFN) On Monday, United States Leader Donald Trump stated that he is "not looking" to pause the tariffs he plans to implement later this week.
Speaking alongside Israeli Premier Benjamin Netanyahu at the White House, Trump responded to questions regarding the possibility of halting the tariffs by emphasizing that his administration is not considering such an option.
Trump mentioned that numerous countries have expressed interest in negotiating deals with the US, with the expectation that these agreements will be fair. In some instances, countries will be subject to significant tariffs. He reiterated that these negotiations would result in "fair deals."
The previous Wednesday, Trump revealed his decision to impose a 10 percent minimum tariff on all ship-ins, along with even higher reciprocal tariffs on major trading partners such as China and the European Union.
Additionally, Trump shared that he had a conversation earlier that morning with Japanese Premier Shigeru Ishiba. He pointed out the trade imbalance, saying, "You're going to have to open up your country, because we sell no cars ‒ like zero cars ‒ in Japan, and they sell millions of cars into our country."
Trump also highlighted that nearly every nation, including Israel, has shown a desire to negotiate with the United States.
However, he noted that goods from Israel, which currently face a 17 percent tariff, may not see a reduction in tariffs.
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