The United States is waiting for hard times, but the end consequence will be historic,” wrote president Donald Trump on the community portal fact Social.
“This is an economical revolution and we will win, hold on tight, although it will not be easy, but the final consequence will be historic” – he wrote.
At the same time, the Head of the White home stressed that the US did not endure as much as China, which it felt had lost much more.
"China suffered much more than the United States, not even close," said the American leader.
Trump announced on 2 April the imposition of reciprocal duties on imports from another countries. The basic minimum rate will be 10 percent. But nearly all country will gotta face higher rates — they have been calculated on the basis of data on the United States trade deficit with the country afraid in order to accomplish a balance.
According to the U.S. leader, the imposition of duties will be a declaration of economical independency of the U.S. and will aid to usage immense funds to repay national debt.
As far as China is concerned, the fresh duties amount to 54 percent. In response, the Chinese State Council imposed additional duties of 34 percent on all goods from the USA.
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Daniel Głogowski
Expert in economics and social activities, experienced writer and writer. The first articles were published in 1999 in publications for global publishers. Working with leading planet newsrooms.
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“Hold on tight”: Trump gives the Americans a frightening message