United States Sets Sights on Japan and South Korea for Tariff Talks

In a revealing interview with Fox News, Kevin Hassett, Director of the United States National Economic Council, shared that his team is currently drafting a proposal for President Donald Trump. This proposal outlines the strategic timing and key participants for the upcoming tariff negotiations.

"Japan and South Korea are our top priorities in these discussions," Hassett stated on Tuesday. He further elaborated that President Trump is committed to achieving "fair and reciprocal trade" agreements, which will play a crucial role in evaluating the proposals from other nations.

Autonomy of the Fed and Trade Priorities

When the conversation shifted to the topic of interest rates, Hassett was quick to highlight the Federal Reserve's independence in its decision-making processes. Addressing the ongoing trade discussions with China, he emphasized a focused approach, noting, "We are prioritizing our trading partners and allies in these negotiations."