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Scott Walker Discusses Global Impact of U.S. Tariffs and Trade Negotiations on Newsmax

Michelle Yang
Published on 2025-08-03 16:00:00
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Scott Walker Discusses Global Impact of U.S. Tariffs and Trade Negotiations on Newsmax
Scott Walker, former Wisconsin governor and current president of the Young America's Foundation, told Newsmax on Sunday that nations have now recognized the seriousness of President Trump's stance on tariffs. Last week, Trump increased tariffs on imported goods to an average of 17.3% for countries without trade agreements, signaling his commitment to renegotiating trade terms. Walker highlighted the significance of the recent agreement with the European Union, noting its importance given the EU's status as a major trading partner. He praised Trump's early achievements in his administration's first six months, describing them as unprecedented in modern times, and suggested that other countries will align with the U.S. stance on trade negotiations by Labor Day. He recalled discussions with Trump during his first term, where the president considered eliminating tariffs if other leading industrial nations agreed to do the same. Although that did not materialize, Walker emphasized Trump's goal of approaching zero tariffs and the importance of reciprocal actions from other nations. Walker addressed concerns from companies like Walmart about rising prices due to tariffs but predicted t...

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