Rubio says US could initiate trade talks after imposing tariffs on key partners
Photo: US Secretary of State Marco Rubio (Getty Images)
The US may initiate bilateral negotiations with countries to reach new trade agreements. However, this will occur only after US tariffs are applied to key trading partners, informs CNN, citing US Secretary of State Marco Rubio.
He noted that the Trump administration would establish a new status quo, after which the US could negotiate if other countries are willing.
"We are going to put tariffs on countries reciprocal to what they impose on us — it’s not against Canada, it’s not against Mexico, it’s not against the EU, it’s everybody," Rubio said.
Further, according to the Secretary of State, the US may engage in bilateral trade negotiations that make sense for both sides.
"And then, from that new baseline of fairness and reciprocity, we will potentially engage in bilateral negotiations with countries around the world on new trade arrangements that make sense for both sides," he concluded.
