Eric Trump, son of President Donald Trump, has warned nations against being the last to negotiate a trade deal with his father, citing the risk of a losing outcome.
What Happened: Eric, in a post on X on Thursday, cautioned countries about the potential pitfalls of being the last to negotiate a trade deal with Donald Trump. He stated, “I wouldn't want to be the last country that tries to negotiate a trade deal with Donald Trump. The first to negotiate will win – the last will absolutely lose.”
See Also: Trump’s ‘Reciprocal Tariff’ Math: A Masterclass In Economic Absurdity – Benzinga
Eric Trump’s statement reflects his father’s aggressive deal-making strategy. His opinion stems from his experience as the executive vice president of the Trump Organization, where he often navigated high-stakes business deals alongside his brother, Donald Trump Jr.
Why It Matters: The 2025 National Trade Estimate Report from the USTR outlines trade barriers by country and guides U.S. trade negotiations. In the January report, USTR stated that it would identify potential bilateral or sector-specific agreements to expand export market access for American businesses and would act as the basis for determining the timing and process of initiating negotiations.
Senior Correspondent of Fox Business, Charles Gasparino, posted on X that Wall Street executives working with the White House and President Trump say they’ve been informed that the new tariff policy aims to negotiate reciprocal agreements to reduce tariffs with trading partners. Gasparino further noted that trade dealings with China would prominently feature two key factors: TikTok and BlackRock’s BLK deal to acquire ports from China-based CK Hutchison.
However, Sr. Trade Counselor Peter Navarro told CNBC that the tariffs are “non-negotiable” and they would not go away. As a reason, Navarro sees non-tariff barriers as a bigger problem and does not believe that the European Union would give up its protectionist policies for farmers, tech companies, or do away with the tax and VAT. He stated that the “tariffs are here to protect America.”
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Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
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