Rounds, who sits on the legislature defence and intelligence committees, thus reacted to president Trump's unexpected decision to suspend for 90 days higher duties for nearly 60 countries in the planet and at the same time further increase of duties on goods from China to 125 percent. Although Finance Minister Scott Bessent and White home spokeswoman Karoline Leavitt claimed Trump's return was “from the beginning part of the plan”, these translations are questionable.
I uncertainty it. This is 1 of those situations where the administration has found a way forward. I fishy it was an chance to send a signal to China and at the same time to give any alternate to those introduced duties that proved not to be very popular on the markets," said the senator.
"This chaos will fall"
At the same time, he expressed concerns about the volatility and chaos in president Trump's decision-making. “We are all looking into it, we are seeing it, and we hope that this volatility, this chaos, will come to an end at any point,” said the politician. He besides expressed hope that chaos would not undermine trust in the United States as a partner and ally. “ But we have already seen the chaos in the markets and it cannot be excluded that we will see him again in the close future,” warned Senator Rounds.
Democratic Senator Gary Peters of Michigan besides drew attention to chaos and uncertainty. As he stated, Trump's suspension of duties, not their abolition, will only exacerbate the uncertainty that will hit business.
“Business cannot operate under these conditions. They don't know what's going to happen in those 90 days or if we don't have a repeat. So these duties should be abolished due to the fact that they do real harm to the economy," said the politician. However, he pointed out that duties have any justification for China, as America "has circumstantial problems with them that it must solve".
