During Tuesday’s White House press briefing, Press Secretary Karoline Leavitt answered questions about the push by foreign nations to negotiation with the U.S. following the rollout of President Trump's tariffs.
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NewsTranscript
00:00Thank you, Caroline. You just said that one of the reasons these tariffs are going into effect is that some countries have been ripping off the United States, but some of the tariffs target countries like Madagascar, Bangladesh, with very high levels of poverty.
00:15So can you explain how the President wants to correct the deficit with those countries? Is there a plan, for example, to ensure the textile industry that these countries are known because? And, you know, just like, can you be specific about those, like, low-income countries?
00:30Sure. Well, first of all, the reciprocal tariff rates that were implemented by country were focused on the monetary tariff that those countries have imposed on the United States, but also the non-monetary tariff barriers.
00:42And the regulations, if you will, that have been put into effect over the years making it harder for America to export to these countries, these were very carefully crafted numbers.
00:51There was also a 10 percent baseline tariff across the board, as well, as you know. Moving forward, the President will talk to any country that picks up the phone to call, and I can tell you the phones have been ringing off the hook wanting to talk to this administration, this President, and his trade team to try to strike a deal.
01:08And it's because the world knows that they need the United States of America. They need our markets. They need our consumer. The President has a lot of leverage on his side because he has the best economy and the best country in the world that he leads, and he knows that.
01:20And it's about dang time we finally have a President who uses that economic leverage to benefit American workers. And that's what the President is trying to do. Maggie.