Hassett: Prioritizing Japan and S. Korea on levies talks
United States National Economic Council Director Kevin Hassett revealed during a Fox News interview that his team is preparing to submit a proposal to US President Donald Trump regarding the timing and participants for tariff negotiations.
"We are prioritizing Japan and South Korea on tariff talks," he added on Tuesday. "Trump wants fair and reciprocal trade. He will weigh that as he decides whether to accept countries' offers."
When questioned about interest rates, Hassett emphasized the Fed's autonomy in decision-making, and addressing China trade discussions, he mentioned that his team is "prioritizing trading partners and allies" in the negotiation process.