TRUMP SAYS TARIFFS MAKING COMPANIES LEAVE CHINA, A DEAL CAN’T BE ’50-50′

Written by on May 20, 2019

TRUMP SAYS TARIFFS MAKING COMPANIES LEAVE CHINA, A DEAL CAN’T BE ’50-50′

U.S. PRESIDENT DONALD TRUMP SAID HIS TARIFFS ON CHINESE GOODS ARE CAUSING COMPANIES TO MOVE PRODUCTION OUT OF CHINA TO VIETNAM AND OTHER COUNTRIES IN ASIA, AND ADDED THAT ANY AGREEMENT WITH CHINA CANNOT BE A “50-50” DEAL.

IN AN INTERVIEW AIRED ON SUNDAY NIGHT, TRUMP SAID THAT THE UNITED STATES AND CHINA “HAD A VERY STRONG DEAL, WHICH WAS CHANGED BY CHINA

SINCE TRUMP IMPOSED THE SANCTIONS, CHINA HAS STRUCK A STERNER TONE IN ITS RHETORIC, SUGGESTING THAT A RESUMPTION OF TALKS AIMED AT ENDING THE 10-MONTH TRADE WAR BETWEEN THE WORLD’S TWO LARGEST ECONOMIES WAS UNLIKELY TO HAPPEN SOON.

TRUMP, WHO SAID THE INTERVIEW HAD TAKEN PLACE TWO DAYS AFTER HE RAISED THE TARIFFS, SAID HE WOULD BE HAPPY TO SIMPLY KEEP TARIFFS ON CHINESE PRODUCTS, BECAUSE THE UNITED STATES WOULD BE TAKING IN $100 BILLION OR MORE IN TARIFFS.

BUT HE ADDED THAT HE BELIEVED THAT CHINA WOULD EVENTUALLY MAKE A DEAL WITH THE UNITED STATES “BECAUSE THEY’RE GETTING KILLED WITH THE TARIFFS, CHINA’ GETTING TOTALLY KILLED.”


Reader's opinions

Leave a Reply

Your email address will not be published. Required fields are marked *


CREST 88.7 FM

Always at its Peak

Current track
TITLE
ARTIST

Background