Tariff Blackmail? Trump Drags BRICS To The Table With 180-Day Ultimatum – India Caught Balancing Trade, Dollar Exit & U.S. Heat | World News
Washington: Donald Trump’s long -term aggressive tariff strategy by economists and global trade veterans reached a turning point. The hour, as the tariff dated 1 August descended to the deadline, the US President saw a trade agreements that confirmed that the team’s warrior trade approach was right.
Markets and foreign governments have confused for months in response to the threats of trade threats. Wall Street escaped, the Allies hesitated, and negotiators misunderstood signals. Nevertheless, Trump remained intact. He only believed in the American leverage. And according to him, this leverage was unrivaled.
A White House official summarized this to CNN: “Maybe those who lost and hated were really the only losers and hate.”
Trump’s strategy was based on the singular power of the US market. Tariffs were ready to apply, climb and call bluff. “When you realize that your colleague is willing to shoot the hostage, he starts to change quite dramatically,” he said.
Last week, bilateral agreements with large trade partners began to stack up, tariff income increased, financial markets were fixed, stocks wandered near record peaks, fears of inflation did not occur and a wider economy was kept strong.
Treasury Secretary Scott Bessent and senior trade consultants Peter Navarro and Howard Lutnick, including Treasury Secretary, took a different stance from Trump’s first period team. This time there was no inner resistance. Trump determined the course. The team followed.
He made the last calls behind the public and closed doors. The draft agreements were repeatedly sent with Sharpie arrangements. Japanese officials reportedly agreed to increase their investment offers during an oval office meeting.
Stephen Miran, President of the Council of Economic Consultants of the White House, said that most critics missed a big picture. Speaking at a Washington event, he rejected the widespread warnings of economists. “They’re wrong,” he said.
He announced that the global trade system could not explain the advantage of the US from security and economic stability. Management tariffs saw it as a leverage, not as a penalty. “They could not appreciate the amount of leverage of the US, CNN said CNN.
Following Trump’s announcement of “Liberation Day” in April, US trade officials were filled with proposals from countries that require exemption. But the president wanted more. A few proposals were rejected, the talks were dragged and the agreements were postponed. He wasn’t interested in half measures.
Even corporate America lined up. The rulers were afraid of the return of the people. One told CNN that there is a matter of survival: “The cost of setting a target on your back with this special administration is not clear in your favor.”
Trump’s trade campaign did not suffer. China continues to be an approaching threat, consumer prices begin to reflect the effect, and the federal reserve is cautious about long -term effects. But for now, Trump’s team claims success.
Miran, “a great bill passed and trade agreements are settled. Many uncertainty about the uncertainty is being solved,” he said.
New market access, upright tariffs are still in place and with hundreds of billions of people connected to US purchases and investments, Trump’s leverage is no longer a theory. Policy in movement.
