Quotes
The danger is actually, what's going to happen after the announcement, whether we're going to see the European Union coming back with some retaliatory tariffs, and really the kind of the outlook from that,
she told CNBC's "Squawk Box Europe" on Wednesday
Because of the U.S.'s broad nature and the quality of companies, it's quite difficult to look elsewhere, longer term, and avoid the U.S.,
she said, citing the impact from artificial intelligenceIf you take a look at the commodities markets, it's crazy, because on the one hand you're talking about secondary sanctions on Venezuela oil, potentially a Russia-Ukraine deal, which may bring Russian crude back into the market, which is a completely different game, and now potential secondary sanctions on Russian oils. It is very difficult to price anything at the moment, so we are taking it day by day and hour by hour, sometimes,
Ozkural saidI'm hoping that there is a sense of moderation tonight, we'll see. Maybe that's too naive, after everything we saw from Trump,
he told CNBC's "Street Signs Europe."This will obviously lead to major economic disorder on the products impacted, not only in Europe but also in the United States,
she added
They risk being pretty powerful. People are speaking of tariffs between 20 and 25 percent,
Primas told reportersWe should not wish for American workers to be sewing tennis shoes together — they can have better jobs than that.”
One expert, who suggested Trump’s policy ambitions are part of “some misplaced nostalgia,” said
The message is congratulations, if you make your car in the United States, you’re going to make a lot of money. If you don’t, you’re going to have to probably come to the United States, because if you make your car in the United States, there is no tariff.”
Asked what his recent message to automotive industry CEOs was and whether he had warned them against raising prices, Trump saidHe’ll eventually get around to us,
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He has a brilliant team of trade advisers,
Leavitt said Monday, listing Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick, US Trade Representative Jamieson Greer, trade adviser Peter Navarro, senior aide Stephen Miller and Vice President JD Vance
I don't think I have ever mentioned the word uncertainty as many times as I have in the last few weeks, because we simply don't really know to this day, which is supposed to be the day when it is announced, what the deal (with the U.S.) will be for the rest of the world,
she saidIt will be negative the world over and the density and the durability of the impact will vary depending on the scope, on the products targeted, on how long it lasts, on whether or not there are negotiations,
Lagarde said in an interview on Ireland's Newstalk radioThere’s no script for how reciprocal tariffs get priced, and uncertainty is the only constant,
Stephen Innes of SPI Asset Management said
Perhaps the most important question is whether this announcement will tip the scales towards a global recession,
said Oliver Blackbourn, portfolio manager at Janus Henderson InvestorsIf you’re going to remodel your house to make it better in the end, it’s going to be really annoying in the short term, when your house is getting remodeled and there’s drywall dust everywhere and there’s workers in your living room,
Sheehy added
It’s simple: If you make your product in America, you will pay no tariffs,
Leavitt said
We don’t believe in an eye for an eye, a tooth for a tooth, because that always leads to a bad situation,
Sheinbaum told journalists at her daily news conferenceOn average, the European Union, China, Brazil, India, Mexico, and Canada — have you heard of them? — and countless other nations charge us tremendously higher tariffs than we charge them. It’s very unfair,
he saidTrump explicitly opened to a trade deal with the UK in previous months, putting British exports at the front of potential exemptions should negotiations follow today’s announcement,
said Francesco Pesole, currency strategist at INGCertainly, the president is always up to take a phone call, always up for a good negotiation, but he is very much focused on fixing the wrongs of the past and showing that American workers have a fair shake.”
She noted