The White House’s Economic Council Director, Kevin Hassett, praised President Trump’s tariffs during a recent interview, highlighting a positive shift in U.S. manufacturing and international trade relations. Hassett noted that since the tariffs were implemented last week, over 50 countries have expressed interest in discussing new trade agreements with the Trump administration.
While acknowledging potential short-term challenges for consumers, Hassett argued that the long-term benefits to American workers would outweigh any immediate issues. He pointed out that the economic situation has deteriorated since China joined the World Trade Organization in 2000, stating that the decline in job opportunities outweighed the cheaper prices of goods. “If low prices were truly benefiting Americans, wages would have risen over the years, but they have actually gone down,” he explained.
During the interview on ABC’s “This Week,” host George Stephanopoulos challenged Hassett regarding why Russia was not included in the new tariffs. Hassett explained that the administration is currently focused on ongoing negotiations involving Russia and Ukraine, suggesting that complicating these discussions with new tariffs was unwise. He emphasized the importance of prioritizing peace negotiations that have significant implications for many lives.
Overall, Hassett’s comments reflect a belief that Trump’s trade strategies are paving the way for a more robust American economy, despite the complexities of international relations and the immediate impacts on consumers.
