Trump to listen to trading partners says White House. But there is a condition
White House economic adviser Kevin Hassett downplayed concerns over President Trump’s tariffs, saying Trump is confident in their effectiveness but open to negotiating better trade deals that benefit U.S. manufacturing and farming. Hassett noted t...

"He's doubling down on something that he knows works, and he's going to continue to do that," Hassett, director of the National Economic Council, said on Fox News. "But he is also going to listen to our trading partners, and if they come to us with really great deals that advantage American manufacturing and American farmers, I'm sure he'll listen."
Trump has been talking to world leaders all weekend, Hassett said. Taiwan reached out overnight, he added, and Israeli Prime Minister Benjamin Netanyahu is coming to the White House on Monday with trade policy and Middle East policy on the agenda.
Countries are lining up to make deals, Hassett said.
"In President Trump's view is it's these countries that are sending inelastic supply to the country, and so they're going to bear the brunt of the tariffs," Hassett said.
"And if that were false, then like, so if they didn't bear the brunt, then they'd be quiet about it, right? The fact that they're all angry and upset, and, you know, setting retaliation our way, it suggests that President Trump is right that they bear the tariffs."
The Economic Times Business News App for the Latest News in Business, Sensex, Stock Market Updates & More.
The Economic Times News App for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.