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Trump about duties: people got a little scared

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– People were a bit scared, they were a bit afraid – said US President Donald Trump on Wednesday, justifying the decision to stop higher duties for most countries. He also stated that you must be flexible.

– People jump a little beyond the line. They were a bit scared, people were afraid – said Trump during a meeting with rally drivers in front of the White House, asked about the reasons for the sudden suspension of high duties.

Trump replied that he was watching financial markets, which in recent days were “gloomy” and people “began to feel nauseous.”

Read also: Return on customs duties. Surprising Trump's decision >>>

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Change of sentence or flexibility

Trump's comment seemed to contradict the words spoken an hour earlier by the Minister of Finance Scott Bessent and the spokeswoman for the White House Karoline Leavitt, who claimed that “this was the plan from the beginning” and that Trump's decision shows his “art of killing the market” (“Art of the Deal”, the title of his book).

Trump rejected the suggestions that sudden changes are undermined by his credibility, claiming that “flexibility” is necessary.

– That's not the point. It's about flexibility. I could say: here is the wall and I will go through it. I will go through her no matter what. (…) Sometimes you have to be able to go against the wall, next to the wall. These guests know it better than anyone else, said Trump, pointing to the rally players.

Donald TrumpPAP/EPA/Chris Kleponis/Pool

“Fair” commercial agreements

President USA He expressed the certainty that he would be able to reach “righteous” trade agreements with all countries – including Chinaon which he applied 125 % duties on Wednesday.

As he said, China is a “proud nation” and their leader XI Jinping He is a “proud man” and wants to make an agreement with the USA, but “he doesn't know how to go about it.” He did not exclude the exemption from the duties of some American companies, adding that he would make the decision in this matter “instinctively”.

However, he still claimed that the imposition of duties was necessary, otherwise “we would not have a country”.

Read also: Trump suddenly changes his mind, Tusk speaks

Source of the main photo: PAP/EPA/Chris Kleponis/Pool



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