Quotes
I think this is a really huge opportunity for Trump to find an off-ramp here in the administration,
said O’Leary — who has cozied up to the president since his election win — in an appearance on Fox Business
The idea that you would open up the markets and set the path for every other negotiation of the other 59 countries, whether it’s Penguin Islands or whatever, it doesn’t matter. This is the opportunity. This is the moment.”
He later continuedBecause if you think about how restricted it’s been in Germany alone or in Switzerland or France about getting U.S. cars into those markets, they’ve been so punitively oppressed with tariffs, and they’re willing to wipe those out,
he arguedIf we can make a really fair deal and a good deal for the United States, not a good deal for others, this is America first. It’s now America first.”
He added
It’s tariffs where they put things on where they make it impossible for you to sell a car … they make it so difficult, the standards and the tests,
Trump saidWe have a deficit with the European Union of $350 billion and it’s gonna disappear fast,
Trump saidNo, it’s not.”
Asked by a reporter whether the offer was enough for him to back down, Trump saidEuropean Union. I mean as badly as they’ve treated us, they’ve brought their car tariffs essentially off. I guess they brought it down to 2.5 and I hear maybe to nothing.”
Later in the press conference, a reporter asked TrumpYou know our country was the strongest from 1870 to 1913,
Trump saidA lot of people say, ‘Oh, it doesn’t mean anything having a surplus.’ It means a lot, in my opinion. It’s almost like a profit or loss statement,
Trump saidWe are prepared to use every tool in our trade defense arsenal to protect the EU single market, EU producers, and EU consumers,
he said
The stock markets are already collapsing and the damage could become even greater. It is therefore important ... to act clearly and decisively and prudently, which means realizing that we are in a strong position. America is in a position of weakness,
Habeck said
Let's take Vietnam. When they come to us and say 'we'll go to zero tariffs,' that means nothing to us because it's the non-tariff cheating that matters,
Navarro said on CNBC
The EU is committed to phasing out energy imports from Russia and diversifying our sources of supply,
a European Union spokesperson responded
They don't take our cars, they don't take our farm products, they take almost nothing and we take everything from them. Millions of cars, tremendous amounts of food and farm products,
Trump told journalists after talks with Israeli Prime Minister Benjamin Netanyahu, who tried to convince Trump to reduce the 17 percent tariffs on Israel imposed by WashingtonWe need to get ourselves at the table with the Americans and see how we can lower these tariffs,
she saidOur large and persistent trade deficit has been over 30 years in the making, and it will not be resolved overnight, but all of this is in the right direction,
Greer is set to tell the Senate Finance Committee Tuesday, accounting to prepared testimony obtained by POLITICO
We’re going to give him the space necessary to do it and we’ll see how it all develops,
Speaker Mike Johnson told reporters MondayLet’s take that deal! Much to gain.”
Lee added in a separate post reacting to the EU’s offerThere are voices in the White House that want high tariffs forever,
he said