Over 50 countries pursuing U.S. trade negotiations following tariff decision, says Trump adviser
More than 50 countries have contacted the White House to initiate trade negotiations, according to Kevin Hassett, director of the U.S. National Economic Council. Speaking on ABC News’ This Week, Hassett stated:
“I got a report from the USTR last night that over 50 countries have reached out to the president to begin negotiations. They’re doing so because they understand they’re absorbing much of the tariff burden. I don’t expect a significant impact on U.S. consumers, as the long-standing trade deficit is largely due to these countries having very inelastic supply. Many have been dumping goods into the U.S. to stimulate job creation abroad, especially in China.”