Treasury Secretary Scott Payette indicated on Sunday that the United States is open to partnership with European countries to impose more sanctions on countries that buy Russian oil in an attempt to “collapse” the Russian economy and fears have declined that the United States is entering the recession.
“We are ready to increase pressure on Russia, but we need our European partners to follow us,” said Pesin at NBC News.
“We are now in a race between the period when the Ukrainian army can withstand the period in which the Russian economy can stand up.” And if the United States is and [European Union] It can come, and make more sanctions, and secondary definitions of countries that buy Russian oil, and the Russian economy will be in complete collapse, and that will be achieved. [Russian] president [Vladimir] Putin on the table. “
Last month, the Trump administration imposed a 50 % tariff on India, and some of the highest definitions imposed by the United States on any country, noting its continuous purchases of Russian oil amid the war in Ukraine.
Russia launched the largest air attack on the war all night, killing at least four people and shooting at a government building in Kiev.
Also on Sunday, Ukrainian President Volodimir Zellinski said on “ABC News” this week that the customs tariff for countries that still face deals with Russia are the “correct idea”. He also said he believed that “President Trump is right” about his criticism of European countries that still buy Russian oil.
“I am very grateful to all partners, but some, I mean, continue [to] Buy Russian oil and gas, and this is not fair. ”
He later added: “I think, I think, I think the idea of placing a customs tariff for countries that continue to make deals with Russia. I think this is the correct idea.”
Trump flew to Alaska last month to meet Putin for the first time in his second term. A few days later, Trump hosted Zelenskyy leaders and Euilians at the White House to discuss a potential end of war.
Since then, the ceasefire or end -of -war talks appeared to have stopped, and Russia has continued its attack from the air strikes in Ukraine.
Last week, NBC News reported that Trump had become pessimistic about efforts to end the war, although he joined European leaders in phone calls and urged them to join the United States to pressure China to support Russia’s war effort.
Besent also talked about Trump’s economic agenda, and rejected concerns about definitions and August report last week. He also rejected fears that it was a sign of “stagnation of jobs” in the United States
Pesin also spoke on Sunday about the Trump administration’s appeal to the Supreme Court seeking to cancel the decision of the Appeals Court that was sentenced against a long -term Trump tariff.
“I am sure that we will win the Supreme Court,” said “Meet The Press” Kristeen Welker.
He added, however, if the Supreme Court rules against Trump, “there are many other ways that we can take” to continue to impose definitions.
Pesin added that these other ways will reduce President Trump’s negotiation position.
In a decision signed by seven of its judges, the US Court of Appeal told the Federal Department that Trump had offended his authority when he imposed a tariff on foreign countries under the guise of the president’s emergency authorities. The court said that Congress only has the authority to impose such comprehensive definitions.
In response to a question about whether the Trump administration will be ready to issue the refunds of the customs tariff revenues that if the Supreme Court rules against him, Bessin said: “We must do so.”
“We will have to recover money on about half of the customs duties, which will be terrible for the treasury, adding later:” If the court says, we will have to do so. “
However, he greatly defended Trump’s introductory agenda on Sunday, and he told Wilker earlier in the program that the customs tariff is not a tax on the American people and indicates other signs of success in the economy.
He said: “If things are very bad, then why was GDP 3.3 %? Why is the stock market at the highest new level? Because, as you know, with President Trump, we care about major companies and small companies.”
“When I was here in April, the sky was falling with the customs tariff, and that everyone has left the United States since then, the American bond market was the best bond market in the developed world, and from Barclays Bank to Goldman Sachs to others, he says it entered the customs tariff and the financial improvement we see.” “This is what President Trump is talking about.”
Bessent also referred to what he called the economic “panic” in April in response to the Jobs report last month, which showed less growth than expected in the job market.
Bess’s Economic Analysts who said the United States is in “stagnation of jobs”, referring to new levels in the stock market as a sign of health economy.
“When I was here with April, there was panic, because the stock market had decreased,” Weller said. “Many other major media have been in a major media in the performance of the stock market.”
“President Trump … holding views on the definitions. It has been proven right. We had the fastest recovery of the stock market in history,” he added. “We are at new levels in August, and we-look, will not do economic policy from one. We believe that good policies are in place that will create good jobs with a great reward for the American people.”