The White House announced the new economic initiatives of Trump

02 April 2025, 11:56 | Peace
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US President Donald Trump intends to announce new measures in the economic sphere. We are talking about initiatives aimed at reducing the US trade deficit and strengthening the positions of American business in the global market. On Tuesday, April 1, at a briefing, the White House spokeswoman Caroline Levitt reported.

. For such companies, according to Levitt, they can cancel tariffs. The government also considers the possibility of reducing taxes and deregulation.

. It is very simple. If you produce your product in America, you do not pay any tariffs. We have already seen how a number of the largest companies in the world reacted to such an economic approach, ”said Caroline Levitt.

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. But too many foreign countries have their own markets closed to our export. This is fundamentally unfair.

The lack of reciprocity contributes to our large and constant annual deficit of the trade balance, which destroys our industry and depletes key labor force. But those days when America was robbed, will end tomorrow. Under President Trump, American workers and business will be in the first place, ”she added.

. To protect their economies from negative influence, they talk about the creation of free trade zones. So, Japan, China and South Korea are discussing a free trade agreement.

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