U.S. Treasury Secretary Mnuchin made an urgent clarification on Monday regarding rumors of adjustments to tariff policies. He clearly stated that while the Trump administration is open to reducing tariffs, the decision-making process is entirely independent of market fluctuations, denying that any policy pressure was involved in discussions with Trump over the weekend.
"The negotiation table is filled with calls from various countries, and this is the real driving force behind policy adjustments," Mnuchin emphasized, noting that the current focus of negotiations has shifted to economies with long-standing large trade deficits. "As long as we come with feasible proposals, we can definitely reach a reciprocal agreement." He also left room for policy flexibility, suggesting that even if an agreement is ultimately reached, some strategic tariffs may still be retained as long-term trade adjustment tools.
Analysts pointed out that this statement not only reflects the pragmatic stance of the Trump administration on trade issues but also reveals its policy bottom line in maintaining core economic interests. The market needs to closely monitor the specific scope of the 'tariff retention list' in subsequent negotiations, as this will directly affect the direction of global supply chain restructuring.
