Trump threatens China, EU with new tariffs 2 hours ago

June 6, 2020
86 Views

<!– President Donald Trump –>

US President Donald Trump

By Taiwo Okanlawon

US President, Donald Trump has threatened to impose tariffs against the European Union and China in retaliation for duties imposed on imports of US lobster.

Trump, stated this while speaking at a meeting with fisheries representatives in Bangor, Maine, on Friday.

The President instructed Peter Navarro, his hawkish trade advisor, to look into punitive tariffs on European Union cars and on unspecified Chinese products.

Trump further explained to the lobster industry representatives that the European Union has to drop its tariffs “immediately.”

The US leader said, “If they don’t change, we’re going to put a tariff on their cars, and they’ll change right away.”

He called Brussels “almost as bad over the years as China in terms of trade,” insisting that the tariff would be “equivalent-plus.”

The President asked Navarro to also look at China and find “something they sell that’s very precious to them” which could then be counter-tariffed.

“Pick a product, a corresponding-plus if they don’t drop the tariff for Maine lobster going into China.

“It’s very simple. All you do is say, that’s OK, keep charging us: we’re going to charge you a corresponding,” he threatened.

You may be interested

Why I Sold Zouma To West Ham – Tuchel
Sports
14 views
Sports
14 views

Why I Sold Zouma To West Ham – Tuchel

Webby - December 4, 2021

Chelsea boss Thomas Tuchel has revealed that he has no regret selling Kurt Zouma to West Ham.In an interview with…

Rangers Boss Van Bronckhorst Gives Update On Injured Balogun
Sports
9 views
Sports
9 views

Rangers Boss Van Bronckhorst Gives Update On Injured Balogun

Webby - December 4, 2021

Rangers manager Giovanni van Bronckhorst has given update on injured Leon Balogun as the Scottish champions prepare to host Dundee…

Sagna Denies Dumping Arsenal For Man City Because Of Money
Sports
4 views
Sports
4 views

Sagna Denies Dumping Arsenal For Man City Because Of Money

Webby - December 4, 2021

Bacary Sagna has rejected reports that he left Arsenal to join Man City because of money.The 38-year-old swapped the Emirates…

Leave a Comment

Your email address will not be published.