US Treasury Minister Scott Bessent warned the trade partners not to retaliate to the new customs duties of his country, “Lean back, accept what happened. Let’s see how it will happen. Because if you do retaliation, if you do not retaliate, this is already the peak point.”
“If you retaliate, there will be tension”
While the repercussions of new mutual customs duties announced by US President Donald Trump, US Treasury Minister Scott Bessent came to a statement. Speaking to a US television, Bessent warned Trade partners not to retaliate against Trump’s customs duties. “My advice to every country right now, do not retaliate,” said Bessent, “Sit back, accept what happened. Let’s see how it will be. Because if you do retaliation, if you do not retaliate, this is already the peak point,” he found.
Trump announced new customs duties
US President Donald Trump announced that new tariffs will be put into force against high customs duties implemented to his country. “We will apply at least 10 percent tax to almost all goods imported to the United States. We will apply 25 percent customs duties to all cars produced abroad,” Trump said, “Soon to all foreign presidents, prime ministers, kings, queens, ambassadors and other people who will seek to request exemption from these taxes. “The US can no longer continue its unilateral economic surrender policy. We have to take care of our own people,” Trump said.
Additional tax decision that attracts attention from Trump … He explained the tariffs one by one
