“US President Donald Trump said the United States does not plan to cancel current trade tariffs. He also sharply criticized the European Union for, in his opinion, unfair trade policy.”, – WRITE: www.pravda.com.ua
Source: Trump while speaking to journalists in the Oval Cabinet of White House on April 7
Details: The US President confirmed that his administration does not intend to suspend tariffs, despite international pressure and active negotiations with a number of countries.
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“We do not consider this opportunity,” Trump said.
According to him, Washington has 36 trillions of government debt that arose “not just so”, and his administration will negotiate with many countries, including China to correct it.
Trump stressed that many countries are trying to reach new agreements with the United States, and the US side seeks to conclude “fair” treaties with each of them. He warned that in the absence of a compromise, these states would not be able to “participate in cooperation with the United States.”
“We can’t do so much more. We can’t be stupid people anymore,” Trump said, referring to previous trade practices.
The President paid special attention to the European Union, which he accused of a trade monopoly.
“The block was created to harm the US.
According to him, the EU manipulates duties, limits the import of US goods, but instead exports millions of cars to the US.
“They do not take our cars. They do not take our agricultural products, and yet they send millions of cars to the United States. It won’t be more. It’s unfair,” Trump summed up.
Read also: Trump and Pandora’s box: How new duties will change world trade and how Ukraine and the EU will be affected
Prehistory:
- On April 2, the US President announced the introduction of customs tariffs against many countries of the world. Against this background, the EU is discussing how best to respond to these actions.
- The President of the European Commission Ursula von der Liaien has stated that it has suggested that the United States set “zero tariffs” for industrial products to avoid escalation of trade voltage between the EU and the US.
- The French Delegate Minister for Foreign Trade Laurent Saint-Marten warned that Europe’s response to the Trade War, which was resolved by US President Donald Trump may be “extremely aggressive.”