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Officials promise to remain a course when countries are fighting

Reuters Donald Trump holds a sign that shows different tariff ratesReuters

US President Donald Trump’s advisers defended the tariff gap and promised to remain a course despite market shocks and calls to avoid the trade war.

In a series of television interviews, the Minister of Treasury Scott Baby has left the recent stock market, and Howard Lutnik, the secretary of the trade, insisted that “tariffs” were coming.

The infant said that there was no reason to wait for the recession as a result of the shock. “This is the adjustment process,” he said.

Meanwhile, another chief adviser, Kevin Hasset, said more than 50 countries had contacted Trump to try to agree on transactions.

Secretary of the Treasury Reuters Scott Baissance (left) in the picture with Minister Trump and Trade Howard Lutnik (right) in the oval office in FebruaryReuters

Beesterm (left) in the picture with Minister Trump and Trade Howard Lutnik (right) in the oval office in February

All three major US stock indices plunged more than 5% on Friday, while the S&P 500 fell by almost 6% in the worst week for the US stock market since 2020.

In the sign of the constant fragility of the market this week, the Saudi Arabian Stock Exchange – which is traded on Sundays – ended at almost 7% lower, its largest daily loss after the pandemic, state media said.

When asked about the shock, Lutnik told CBS News on Sunday that the 10% “basic” tariff for all imports, which came into force the other day, will definitely “remain at the place and weeks”.

Lutnick continued to say that more steady mutual tariffs were still on the way.

Higher tariffs for approximately 60 countries called “worse offenders” must come into force on Wednesday, April 9.

When asked about these tariffs, Lutnik said they were going. “(Trump) has announced it, and he doesn’t joke,” he said.

“Maximum lever”

The free -to -doer used interviews with the “meeting with the press to NBC” to say that Trump “created the maximum lever for himself, and more than 50 countries turned to the administration about reducing his unproven trading barriers, reducing their tariffs, stopping currency manipulation.”

Kevin Joset, another chief economic advisor Trump, also repeated that more than 50 countries have expressed their desire to start negotiations. Neither Joset nor the infant gave more information about which countries supported.

Elsewhere, Indonesia and Taiwan said last weekend that they would not impose tariffs after the United States announced a 32% collection on imports of both countries.

Vietnam leader, Lam, asked Trump to detain 46% of Vietnamese export duties on “at least 45 days,” the AFP and New York Times news agencies said.

However, on Friday, China announced that a 34% tariff on all US imports, starting on Thursday April 10.

British Prime Minister Sir Kire Starmer on Saturday warned that “the world we knew he went.”

Starmer said the UK government would continue to engage in an economic transaction with the US, which avoids some tariffs.

Downing Street spokesman added Starmer and the new Prime Minister of Canada Mark Karni in a phone call that “no one is in the interest.”

Israeli Prime Minister Benjamin Netanyahu is expected to meet Trump for trade talks in Washington on Monday.

Netanyahu, speaking to journalists when he got on the US -related plane, stated that “the first international leader meets with Trump” since the introduction of new tariffs.

He says it shows them “a personal connection and connection between our countries, which is so important at this time.”

Reuters participants in New York containing signs that say Reuters

In dozens of US cities, anti-tramp protests were pursued, partly behind the tariffs

Anti-Tramp protests were pursued in cities throughout the United States Over the weekendIn the largest nationwide exhibition of the opposition after the president took over in January.

Hundreds of thousands of people were in Boston, Chicago, Los -Angeles, New York and Washington, among other cities, and the participants of the rally refer to the complaints from the Trump agenda, ranging from social to economic problems.

Trump has called on the US to “hang hard” after being shocking, but still needed to learn how Asian markets will respond when they open on Monday.

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