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Trump continues to fabricate trade wars and threatens more tariffs on Chinese imports

2019-11-12T22:01:52.351Z


NEW YORK - US President Donald Trump today continued to fabricate his trade wars with other countries, including


New York-Sana

US President Donald Trump today continued to fabricate trade wars with other countries, including his closest European Union allies, describing the latter's trade policies as "horrible and unfair."

In a speech to the New York club, Trump said the barriers erected by the European Union were horrible and unfair and in many ways worse than China, he said.

Trump has previously threatened to impose a $ 11 billion tariff on European imports in response to aid granted to Airbus, reviving a 10-year dispute, while the European Economic and Financial Committee criticized Trump's economic policy and expressed concern that Trump's efforts to strengthen protectionism are a threat to the global economy.

Trump also renewed his criticism of the Federal Reserve's policy on interest rates, saying that the latter weakened the competitiveness of the United States against other countries.

Trump also threatened to impose more tariffs on Chinese goods “very much if the two sides didn't reach an agreement.” That would be true with other abusive countries as well, pointing out that the two sides are close to signing a trade agreement without giving any further details. .

Trade relations between China and the United States have recently been severely strained when President Trump imposed more than $ 200 billion in tariffs on Chinese imports and goods in a desperate attempt to pressure Beijing to make illegal trade concessions, which China responded with similar measures within its natural right of reply.

Source: sena

All business articles on 2019-11-12

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