Quotes
We find that the tariffs should be in the range of 20 percent to 25 percent. Making them higher is a bad idea for the United States,
he said
The way in which we calculate the tariffs is using a sophisticated quantitative model that needs to go through a supercomputer to speed up what the tariff rates are,
Pujolas said
It's not as bad a situation as he thinks, especially when you're one of the richest countries in the world,
Simon saidThey had to come up with numbers that made him look good, and that would make U.S. [trade] look bad,
said Peter Simon, professor of economics at Northeastern UniversityThey pulled two numbers out of thin air that perfectly canceled each other out,
said Anson Soderbery, an economics professor whose 2018 paper on "trade elasticities" was also referenced in the USTR's methodologyTake the win! The Prez said he’d make us tired of winning…I’m there now!”
he also said
This is significant and is unlikely to be over, hence the negative market reactions,
said Stephane Ekolo, Market & Equity Strategist, Tradition, London
We will not shoot from the hip – we want to give negotiations every chance to succeed to find a fair deal, to the benefit of both sides,
he said on social mediaTO THE MANY INVESTORS COMING INTO THE UNITED STATES AND INVESTING MASSIVE AMOUNTS OF MONEY, MY POLICIES WILL NEVER CHANGE. THIS IS A GREAT TIME TO GET RICH, RICHER THAN EVER BEFORE!!!
President Donald Trump posted on Truth Social FridayToday, the world starts taking us seriously. Our workforce will finally be treated fairly."
Secretary of Commerce Howard Lutnick posted on X, formerly Twitter, WednesdayThe fact is that U.S.-China trade is a job loser,
she said
Donald Trump’s reckless tariffs will cause chaos in our economy, raise prices for consumers and hurt hardworking American families. This is not a strategy — it’s the largest tax hike on the American people in history."
The former speaker of the House slammed Trump’s proposals this week, posting to XFurther, what they have said is that we need to not worry about manufacturing in America because what we should establish is a policy of unfettered free trade. We don’t need tariffs,
he sarcastically saidWhat we need is to allow corporate America the freedom – the freedom – to throw American workers out on the street, people who are making $15, $20, $25 an hour, healthcare pensions – throw them out on the street – because somehow, Madame President, we are going to create wealth in America and good paying jobs in America as we shut down plants, we move to China."
Mocking this anti-protectionist perspective, he continuedFor decades, the United States slashed trade barriers on other countries, while those nations placed massive tariffs on our products and created outrageous non-monetary barriers to decimate our industries,
Trump saidBy invoking emergency power to impose an across-the-board tariff on imports from China that the statute does not authorize, President Trump has misused that power, usurped Congress’s right to control tariffs, and upset the Constitution’s separation of powers,
Andrew Morris, the group’s senior litigation counsel, said in a statement announcing the lawsuit, which was filed on behalf of Florida-based retailer SimplifiedJust had a very productive call with To Lam, General Secretary of the Communist Party of Vietnam, who told me that Vietnam wants to cut their Tariffs down to ZERO if they are able to make an agreement with the U.S.,
Trump wroteWhile plenty of uncertainty remains over the finer points of Wednesday afternoon’s tariff announcement, markets have heard enough to brace for impact on global trade,
wrote Matthew Graham, chief operating officer at Mortgage News Daily.jpg)
I wouldn’t say it’s in our interest,
Peskov saidWe have a situation with TikTok where China will probably say, ‘We’ll approve a deal, but will you do something on the tariff?’ The tariffs give us great power to negotiate,
Trump said