Internewscast Journal
  • Home
  • US News
  • Local News
  • Health
  • People
  • Guest Post
  • Support Our Cause
Internewscast Journal
  • Home
  • US News
  • Local News
  • Health
  • People
  • Guest Post
  • Support Our Cause
Home Local news Trump’s Team Aims to Convey Assurance and Stability After Tariff Decisions Shake Markets
  • Local news

Trump’s Team Aims to Convey Assurance and Stability After Tariff Decisions Shake Markets

    Trump team tries to project confidence and calm after his tariff moves rattled markets
    Up next
    When Will The Next Episode of ‘When Calls The Heart’ Air On Hallmark Channel?
    What is the Air Date for the Upcoming ‘When Calls The Heart’ Episode on Hallmark Channel?
    Published on 14 April 2025
    Author
    Internewscast
    Tags
    • Business,
    • Donald Trump,
    • howard lutnick,
    • Kevin Hassett,
    • peter navarro,
    • Washington news,
    • world news,
    • Xi Jinping
    Share this @internewscast.com
    FacebookXRedditPinterest

    ATLANTA – Trump administration officials were out in force across the television networks Sunday defending President Donald Trump’s economic policies after another week of reeling markets that saw the Republican administration reverse course on some of its steepest tariffs.

    Trump, meanwhile, said on his social media platform that there ultimately will be no exemptions for his sweeping tariff agenda, disputing characterizations that he has granted tariff exceptions for certain electronics, including smart phones, whose production is concentrated in China. Rather, Trump said, “those products are subject to the existing 20% Fentanyl Tariffs, and they are just moving to a different Tariff ‘bucket.’”

    White House advisers and Cabinet members tried to project confidence and calm amid Trump’s on-again, off-again approach to tariffs on imported goods from around the world. But their explanations about the overall agenda, coupled with Trump’s latest statements, also reflected shifting narratives from a president who, as a candidate in 2024, promised an immediate economic boost and lower prices but now asks American businesses and consumers for patience.

    A week ago, Trump’s team stood by his promise to leave the impending tariffs in place without exceptions. They used their latest news show appearances to defend his move to ratchet back to a 10% universal tariff for most nations except China (145%), while seeming to grant exemptions for certain electronics like smartphones, laptops, hard drives, flat-panel monitors and semiconductor chips.

    Here are the highlights of what Trump lieutenants said last week vs. Sunday:

    There are varying answers on the purpose of the tariffs

    Long before launching his first presidential campaign in 2015, Trump bemoaned the offshoring of U.S. manufacturing. His promise is to reindustrialize the United States and eliminate trade deficits with other countries.

    LAST WEEK

    Commerce Secretary Howard Lutnick, interviewed on CBS’ “Face the Nation,” played up national security. “You’ve got to realize this is a national security issue,” he said, raising the worst-case scenarios of what could happen if the U.S. were involved in a war.

    “We don’t make medicine in this country anymore. We don’t make ships. We don’t have enough steel and aluminum to fight a battle, right?” he said.

    SUNDAY

    Lutnick stuck to that national security framing, but White House trade adviser Peter Navarro focused more on the import taxes being leverage in the bigger economic puzzle.

    “The world cheats us. They’ve been cheating us for decades,” Navarro said on NBC’s “Meet the Press.” He cited practices such as dumping products at unfairly low prices, currency manipulation and barriers to U.S. auto and agricultural products entering foreign markets.

    Navarro insisted the tariffs would yield broader bilateral trade deals to address all those issues. But he also relied on a separate justification when discussing China: the illicit drug trade.

    “China has killed over a million people with their fentanyl,” he said.

    Speaking before Trump’s Truth Social post disputing the notion of exemptions, Lutnick alluded to that coming policy. “They’re going to have a special focus-type of tariff to make sure that those products get reshored,” he told ABC’s “This Week.”

    The status of negotiations with other nations, including China, remains fuzzy

    LAST WEEK

    With the higher rates set to be collected beginning April 9, administration officials argued that other countries would rush to the negotiating table.

    “I’ve heard that there are negotiations ongoing and that there are a number of offers,” Kevin Hassett, director of the White House Economic Council, told ABC. He claimed that “more than 50 countries (were) reaching out,” though he did not name any.

    SUNDAY

    Navarro named the United Kingdom, the European Union, India, Japan, South Korea, Indonesia and Israel as among the nations in active negotiations with U.S. Trade Representative Jamieson Greer, Lutnick and other officials.

    Greer said on CBS that his goal was “to get meaningful deals before 90 days” –- the duration of Trump’s pause -– “and I think we’re going to be there with several countries in the next few weeks.”

    Talks with China have not begun, he said. “We expect to have a conversation with them,” he said, emphasizing it would be between Trump and Chinese President Xi Jinping.

    Trump took an aggressive tone himself Sunday in his social media post, saying “we will not be held hostage by other Countries, especially hostile trading Nations like China, which will do everything within its power to disrespect the American People.”

    Navarro was not as specific about Beijing. “We have opened up our invitation to them,” he said. Lutnick characterized the outreach as “soft entrees … through intermediaries.”

    Pressed on whether there is any meaningful back and forth, Navarro said, “The president has a very good relationship with President Xi.”

    Then he proceeded to criticize several China’s polices and trade practices.

    The pitches are different, but confidence is constant

    LAST WEEK

    Navarro was bullish even after U.S. and global trading markets suffered trillions of dollars in losses.

    “The first rule, particularly for the smaller investors out there, you can’t lose money unless you sell. And, right now, the smart strategy is not to panic,” he said on Fox News Channel’s “Sunday Morning Futures.”

    SUNDAY

    Navarro’s optimism did not waver despite another net-loss week for securities markets and rocky bond markets. “So, this is unfolding exactly like we thought it would in a dominant scenario,” he said.

    Others confronted some of the more complex realities of trying to achieve Trump’s goal of restoring a bygone era of U.S. manufacturing.

    Lutnick suggested the focus is on returning high-tech jobs, while sidestepping questions about lower-skilled manufacturing of goods such as shoes that could mean higher prices because of higher wages for U.S. workers. But some of that high-tech production is what Trump has, for now, exempted from the tariffs that he and his advisers frame as leverage for forcing companies to open U.S. facilities.

    Hassett did acknowledge widespread angst.

    “The survey data has been showing that people are anxious about the changes a little bit,” he said, before steering his answer to employment rates. “The hard data,” he said, “has been really, really strong.”

    Copyright 2025 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission.

    Share this @internewscast.com
    FacebookXRedditPinterest
    You May Also Like
    South Korea seeks to arrest dozens of online scam suspects repatriated from Cambodia
    • Local news

    South Korea Targets Arrest of Numerous Online Scam Suspects Returned from Cambodia

    SEOUL – In a significant legal move, South Korean authorities are pushing…
    • Internewscast
    • October 20, 2025
    Texas National Guard to be deployed in Austin ahead of 'No Kings' protest
    • Local news

    Texas National Guard Mobilized in Austin in Anticipation of ‘No Kings’ Demonstration

    In a proactive move, Texas Governor Greg Abbott revealed on Thursday plans…
    • Internewscast
    • October 19, 2025
    Kansas man, 82, may be oldest person to climb to Mt. Everest base camp
    • Local news

    82-Year-Old Kansas Resident Poised to Set Record as Oldest to Reach Mt. Everest Base Camp

    In an inspiring feat, an 82-year-old man from the Kansas City area…
    • Internewscast
    • October 20, 2025
    Fisher baseball player wins trip to World Series
    • Local news

    Fisher Baseball Star Scores Grand Slam: Wins Exclusive World Series Experience!

    FISHER, Ill. (WCIA) — Fisher High School freshman and standout baseball player…
    • Internewscast
    • October 20, 2025
    FWC decommissions offshore patrol vessel after 50 years of service
    • Local news

    Farewell to a Legend: FWC Retires Iconic Offshore Patrol Vessel After 50 Years

    ST. PETERSBURG, Fla. (WFLA) — After more than five decades of dedicated…
    • Internewscast
    • October 20, 2025

    Grundy Expedition Celebrates 22 Years with Remote Area Medical’s Innovative New Service Addition

    GRUNDY, Va. (WJHL) – On Sunday, Remote Area Medical (RAM) set up…
    • Internewscast
    • October 20, 2025
    Philadelphia police find human remains in search for missing woman
    • Local news

    Shocking Discovery: Human Remains Uncovered in Philadelphia Police Search for Missing Woman

    PHILADELPHIA – In a significant development in the search for a missing…
    • Internewscast
    • October 20, 2025
    Woman charged with brandishing firearm from car during Myrtle Beach 'No Kings' protest
    • Local news

    Woman Faces Charges for Displaying Firearm at Myrtle Beach Protest

    In Myrtle Beach, South Carolina, a woman was taken into custody on…
    • Internewscast
    • October 19, 2025

    Meet the Six Finalists Heading to the Miss Tennessee Competition After the Johnson City and Jonesborough Pageant

    JONESBOROUGH, TN. (WJHL) — The spotlight shone on six new titleholders at…
    • Internewscast
    • October 20, 2025
    Israel resumes ceasefire in Gaza and says aid deliveries will restart Monday
    • Local news

    Israel to Reinstate Ceasefire in Gaza with Aid Deliveries Set to Resume Monday

    JERUSALEM (AP) — The delicate ceasefire in Gaza encountered a significant challenge…
    • Internewscast
    • October 20, 2025
    Hegseth reveals another US strike on alleged drug-trafficking boat
    • Local news

    US Navy Conducts Strategic Strike on Suspected Drug-Trafficking Vessel, Pete Hegseth Reports

    In a recent announcement, Defense Secretary Pete Hegseth revealed that the United…
    • Internewscast
    • October 20, 2025
    Trump administration works to lower grocery prices
    • Local news

    How the Trump Administration Aims to Slash Your Grocery Bills: Key Strategies Unveiled

    President Donald Trump has revealed that his team is strategizing to make…
    • Internewscast
    • October 19, 2025
    Ex-military sniper who assassinated bikie boss was 'government spook'
    • News

    Former Military Sniper Accused of Assassinating Biker Leader Revealed as ‘Government Operative

    An assassin who executed a bikie leader in a sniper-style attack confessed…
    • Internewscast
    • October 20, 2025
    NBA 2025-26 Preview: 10 things to watch for, from Giannis Antetokounmpo’s future to an Eastern Conference up for grabs
    • News

    NBA 2025-26 Season: Key Storylines to Watch, Including Giannis’ Next Move and the Eastern Conference Race

    A year ago, the Boston Celtics stood tall as the reigning NBA…
    • Internewscast
    • October 20, 2025
    Princesses Beatrice and Eugenie pulled out of high London's 'Met Gala'
    • News

    Royal Retreat: Why Princesses Beatrice and Eugenie Skipped London’s Elite ‘Met Gala

    Princesses Eugenie and Beatrice have reportedly withdrawn from attending what’s being…
    • Internewscast
    • October 20, 2025
    New details revealed after Marine Corps live-fire round hits patrol car near Camp Pendleton
    • US

    Investigation Launched as Marine Corps Live-Fire Incident Strikes Patrol Car Near Camp Pendleton

    In a newly disclosed report by the California Highway Patrol (CHP), fresh…
    • Internewscast
    • October 20, 2025
    Internewscast Journal
    • Home
    • Privacy Policy
    • DMCA Notice
    • Terms and Conditions
    • Guest Post
    • Support Our Cause
    Copyright 2023. All Right Reserverd.