Donald Trump refuses to stop the rates despite the global marketers: 'We don't look at it' | Today news

US President Trump excluded that he interrupted his tariff plans, saying that rates were “very important” to the US economy. While open to negotiations, he warned China to withdraw his retaliation tariffs or stare a 50% increase. US President Donald Trump bore during a meeting with Israeli Prime Minister Benjamin Netanyahu (not in the photo) in the Oval Office in the White House in Washington, US, April 7, 2025. Reuters/Kevin Mohatt (Reuters), the US President Donald Trump on Monday (April 7), even as a break in his tariffs. Trump said during a meeting with Israeli Prime Minister Benjamin Netanyahu in the Oval Office: “We are not looking at it,” when asked if he was considering a break to implement further rates. Rates’ key to Trump’s economic plan defended Trump his aggressive trade policy and called rates’ very important ‘for his economic agenda, demanding that they remain in place. “Rates will make this country very rich,” he claims. He added that although rates would remain, he was open to ‘fair agreement and good offers with every country’. “There can be permanent rates, and there may also be negotiations, because there are things we need above rates,” he explained. No contradiction between rates and discussions claimed that negotiations and rates could exist side by side. “They can both be true,” he said, responding to questions about how the administration can pursue new trade transactions while maintaining tariff pressure. He also noted: ‘We have many, many countries that will negotiate with us’, suggesting that several trading partners are actively looking for new offers to avoid steep charges. Trump warns China: Falling rates or staring 50% rise Trump has issued a direct warning to China, saying the US would impose an additional 50% tariff if Beijing would not lower its 34% retaliation tariffs by Tuesday. China’s tariff was a response to Washington’s own 34% of reciprocal import tax announced last week. Mixed signals contribute to the world market. With a flat rate of 10% already in place in several countries and more targeted tax Wednesday, investors and foreign leaders are struggling with uncertainty. Despite the pressure of trading partners and financial markets, Trump has doubled his belief in rates as leverage: “There are things we need above rates,” he said. First published: 8 Apr 2025, 02:20 am Ist