“There will be no recession in America
Trade Minister Howard Lootnick said on Sunday that the Americans must “not” at all “for the recession, as President Donald Trump said that the United States is in a” transitional period “as the administration plans to implement a long -term mutual tariff for goods from foreign countries.
There will be no recession in America. … the global definitions will decrease because President Trump said, “Do you want to receive 100 % for us? Lottenic told” NBC News “,” We will meet the press. “
Lootnick argued that Trump plans to “unleash America to the world” and “our economy grows in a way that we have not thrown before.”
The Minister of Commerce added: “Therefore, if Donald Trump is achieving growth to America, I will never bet on the recession, and there is no chance,” the Minister of Commerce added.
In a separate interview on Fox News “Sunday Morning Futures”, I asked the host of Maria Bartiromo Trump if he expected a stagnation this year.
“I hate to predict things like that,” the president told Bartiromo.
He added: “There is a period of transition, because what we do is very big. We are returning wealth to America. This is a big thing. There are always periods of that take some time, and it takes some time.”
Lutnick also promised the Americans that grocery prices will start to decrease in early April, but he warned that there is an increase in prices on foreign goods as a result of the expected mutual definitions of the Trump administration.
“Yes, some external products may be more expensive, but American products will become cheaper, and this is the point,” said Lottennik, “Meet The Press”, director of the supervisor, speaking about the effects of mutual tariffs on foreign goods that Trump said to impose on April 2.
The president will negotiate the country according to the country. He will lead the barriers of other countries, unleash our farmers, educators and hunters. Lootnick said:
“Donald Trump is behind them, protecting them,” added Lotney, referring to American farmers. “He got their back, and will make them win. After that, all of America will be a winner, because these prices decrease. The process begins on April 2.”
In a Fox interview, Trump described his thinking of definitions as protecting Americans from “erupted”.
“Look, our country has set out for several decades, for many decades, and we will no longer start the definitions,” said Lartubiromo.
The main consumers and retailers felt last week, as Trump issued exemptions to tariff for the tariff for Canada and Mexico just two days after its presentation.
However, the exceptions of the definitions issued last week end on April 2 – the same date as the president expects a mutual tariff on other countries.
On Fox, Trump told Bartiromo that these customs duties will become valid on April 2, and he is not planning to grant Canada and Mexico other extensions.
“It is a transfer to April, and after that, I do not do this. I mean, I told them, I said,” Look, I will do it once. But then, I do not do it. “
He also said that the rate of tariffs on foreign countries may rise over time, saying Bartiromo, “We may raise with some customs tariffs. This depends. We may rise. I don’t think we will go down, but we may rise.”
Wilker Lootnick also asked about the customs tariffs on dairy, wood, steel and aluminum, which Trump said would be imposed on Canada.
Lootnick said that the customs tariff for steel and aluminum will remain valid on Wednesday, March 12, and the customs tariff will be delayed on wood products and dairy products until April 2, as well as citing Canadian tariffs on American goods and the need for customs tariffs to reduce the fentanel crisis.
So on April 2, we will review again on fentanel issues. Lootnick said:
Earlier, Lutnick Welker told that the customs tariff for Canada and Mexico will end “if the fentanel is over”, and blame the two countries to allow the Fintanel to flow over the northern and southern borders of the United States.
“If the fentian, I think this will come. But if the fentian, or [Trump is] Lootnick said:
Grocery prices can be affected in particular by Trump’s tariff plans. In 2021, the percentage of fresh fruits in the United States provided from imports was 60 % and 38 % for fresh vegetables except for certain crops, according to the US Department of Agriculture.
Lutnick also talked about the tensions that may have appeared last week between the members of the cabinet in Trump and Trump’s adviser Illon Musk.
On Thursday, Trump held his government to inform members that employment decisions in their departments and agencies, each of them belongs to Musk and the Ministry of Government Agency, who had previously prepared for thousands of federal workers throughout the US government.
Lootnick said on Sunday that Trump made it clear that he was responsible and that musk is a “partner” for every minister in the cabinet.
The Minister of Commerce said: “President Trump explained that Elon is your partner, and this is what we love.” “You have the greatest businessman and the largest technician in the world as a partner.”
“No one is watching this TV now, if Elon Musk says that he will come to his home and help them, he will not chant,” Lootnick added. “You have the best technician and richest man in the world saying:” I will help you. “Come. We want to help him.”
This article was originally published on NBCNEWS.com