‘Over 50 countries reached to Trump to start talks’: Economic Council Director Kevin Haset to protect the tariff

White House National Economic Council Director Kevin Husset To protect the trade policies of President Donald Trump, the concerns of American consumers dismissed concerns between large -scale backlash and recession.
“So the fact is that, the country is angry and retaliated – and, by the way, coming to the table. I received a report. [US Trade Representative] Last night that more than 50 countries have reached the President to start a conversation, but they are doing so because they understand that they tolerate a lot of tariffs. ,
Defending the policies of the Trump administration, he said, “I don’t think you are going to see a big impact on the consumer in America, because I think we have a very disqualified supply of these people,” Haseett explained during his presence on ABC News “George Stephanopolose” with this week “.
It comes as Trump, earlier this week, announced a comprehensive tariff affecting almost all American trading partners, including a universal 10% tariff on imports and additional specific tariffs for some nations. The announcement recorded an immediate decline in the stock markets and inspired anti -retaliation measures from various countries. Democratic politicians and economic policy critics expressed serious concern about potential recession risks and deteriorating relations with friendly countries.
Meanwhile, JP Morgan proceeded to project an American recession by the end of 2025, holding it responsible for tariffs. The forecast indicates a possible GDP to fall and high unemployment. Federal Reserve Chairman Zerome Powell resonated concerns, highlighting that tariffs could cause high inflation and slow growth.
Wide-based 10% tariffs came into effect on Saturday, while country-specific tariffs are scheduled to begin on Wednesday.