The White House clearly stated that it will not adjust trade tariffs based on market reactions.

The White House rules out the possibility of revising tariffs in the event of a negative market reaction!

Kevin Hassett, Chairman of the White House National Economic Council, stated that without a new agreement, if the market reacts negatively to the President's trade policy, the U.S. will not change the scale of trade tariffs, "I will rule this out because the trade agreement is final."

Hassett emphasized that market participants have a positive attitude towards the trade agreements reached by the current administration: "We have opened up markets for our products, farmers, and small businesses to Europe, and they chose to accept it. We have the opportunity to impose a 15% tariff on them, which could bring us about $10 billion annually."

Original text: https://www.toutiao.com/article/1839461946484748/

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