According to a report by Fortune Media, the White House is reportedly engaged in discussions with over 50 countries regarding tariffs initially introduced during the Trump administration. Kevin Hassett, an economic adviser, has indicated that these talks are part of a broader effort to address trade policies impacting the global economy.
The discussions aim to revisit tariffs that have been a point of contention between the United States and various international partners. By reassessing these tariffs, the parties involved hope to foster a more balanced trade environment.
During these negotiations, there is a focus on developing frameworks that could potentially lead to new trade agreements. Officials are considering multiple strategies to alleviate the economic impact of the existing tariffs, thereby benefiting both domestic and international markets.
The White House’s engagement in these talks reflects a commitment to addressing concerns raised by tariffs over recent years. As these discussions progress, the outcomes could significantly reshape economic interactions with countries around the world.
