President Trump declined the European Union's offer for 'zero-for-zero' tariffs on industrial goods, which could have benefitted American exports and eased tensions in trade. While some officials like Peter Navarro assert that the tariffs represent a permanent fixture and are not up for negotiation, Treasury Secretary Scott Bessent indicates ongoing negotiations with over 70 countries. This mixed messaging creates market uncertainty about the future of US trade policy, which Trump seems to manipulate strategically for negotiation leverage.
The tariffs give us great power to negotiate. They always have.
President Trump's tariff wars have forced nations to make better deals for American workers.
More than 70 countries have approached Washington about making a deal, indicating negotiation is a priority.
Peter Navarro and Commerce Secretary Howard Lutnick suggest overtures for deals are for naught, while Treasury Secretary Bessent promotes negotiation.
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