The United States could engage in bilateral talks with other countries on new trade arrangements once U.S. tariffs “reset the baseline” with those countries, Secretary of State Marco Rubio said on Sunday.
In an interview with CBS News’ “Face the Nation,” Rubio said that President Donald Trump’s tariffs are meant to rebalance the United States’ international economic standing after decades of unfair global trade practices.
“For 30 or 40 years, we have allowed countries to treat us unfairly in global trade, much of it during the Cold War because we wanted them to be rich and prosperous because they were our allies in the Cold War,” Rubio told host Margaret Brennan. “But now, that has to change.”…