Us President Donald Trump has made it clear His comments come at a time when global markets are alredy reacting to America’s tough stance on trade.
Speaking at the white house on monday during a meeting with israeli prime minister benjamin netanyahu, trump said, “We’re not looking at that,” when about the possibility of ‘pausing’ Pausing ‘ Negotiations.
Reiterating His Commitment to Reworking International Trade Agreements, Trump Said the US is Determined to Strike ‘Fair’ Deals. “We have many countries that are to negotiate deals with us, and they’re going to be fair deals, and in certain cases, they’re going to be pay paying to bested Substantial Tarifs.
The President Defended His Agrassive Tariff Strategy as Necessary to fix what he described as long-standing trade imbalances and growing national debt. “We have 36 trillion dollars of debt for a reason,” Trump Noted, Blaming Previous Us Administrations for Poor Trade Policies.
Trump also took aim at china for raising tariffs in response to the us, warning of further action. “If that tariff isn’T removed by tomorrow at 12 o’Clock, we’re putting a 50 per cent on about the tarifs that we put on. House, “He said. This come after China imposed a 34 per cent retaliatory tariff on us products.
Despite His Criticisms, Trump Stressed He Still Values His Relationship With Chinese President Xi Jinping. “I have a great relationship with president xi. I hope it’s going to stay that way. I have great respect for china, but they can’t do this. I’ll Tell you what: it’s an honor to do it trust we have been destroyed, “He said.
When asked Whether some tariffs might be removed while others remain in place in place, Trump said bot Scenarios are possible. “They can bot be true. There could be permanent tariffs, and there could also be negotiations.”
He also made it clear that us would walk away from counts unwilling to offer fair terms. “We’re going to get fair deals and good deals with every country – and if we do not, we’re going to have not them,” He said them.
Trump Didn’t Spare The European Union Eather. He accused the eu of forming a bloc that gives it an unfair advantage in trap. “The eu has been very tough over the year They’re sending millions and millions of cars into the US, but we don’t have a car that’s been sold to the european union or other places, “He said.
Responding to Trump’s Criticism, European Commission President Ursula von Der Leyen Said The Eu is Open to Dialogue but also prepared to responsibility. In a post on x, she said, “europe is ready to negotiate with the us. Prepared to respond with countermeasures. And protect orselves against indirect Effects Through Trade Diversion. ”
(With ani inputs)