Trump Says He'll Set Trade Terms, Doesn't Need Tariff Deals [View all]
Source: Bloomberg News
US President Donald Trump said he would dictate tariff levels for US trading partners looking to avoid higher duties, appearing to move away from the idea that he would engage in back-and-forth negotiations.
“We’re going to put very fair numbers down, and we’re going to say, here’s — what this country, what we want. And congratulations, we have a deal. And they’ll either say ‘great,’ and they’ll start shopping, or they’ll say, not good,’” Trump said Tuesday at the White House as he met with Canadian Prime Minister Mark Carney.
“It’s going to be a very fair number, it’ll be a low number. We’re not looking to hurt countries,” he added.
Trump’s comments come as US trading partners rush to secure deals with the administration to avoid higher levies he has threatened. The US president said Sunday the first deals could come as soon as this week. But the president’s latest comments indicate he could continue to change his approach.
Financial markets had eagerly anticipated the first announcements to ease worries about the impact the US president’s trade policies threaten to have on the global economy. Trump said he was tired of questions about when deals would be struck.
Read more: https://www.bloomberg.com/news/articles/2025-05-06/trump-says-he-ll-set-trade-terms-doesn-t-need-tariff-deals?accessToken=eyJhbGciOiJIUzI1NiIsInR5cCI6IkpXVCJ9.eyJzb3VyY2UiOiJTdWJzY3JpYmVyR2lmdGVkQXJ0aWNsZSIsImlhdCI6MTc0NjU1MTMwMywiZXhwIjoxNzQ3MTU2MTAzLCJhcnRpY2xlSWQiOiJTVlNMRDJEV1JHRzAwMCIsImJjb25uZWN0SWQiOiJDNjgyQTUwQzJCRDM0MTFCQTgwQjEwQjZEQjczQzM1MSJ9.Fa6MBWaPVxoXkTl_1raG-5IbII8cr1wzHtvGx8ewjY8
We are sooooo fucked...
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