U.S. president Donald Trump one more time commented on the country's decision to introduce customs duties. "We have immense financial deficits with China, the European Union and many another countries. The only way to cure this problem is with tariffs that presently bring tens of billions of dollars to the US.“ He wrote.
Donald Trump on Customs: A Beautiful Thing
The leader then criticized his predecessor. ‘The surplus with these countries increased during the “presidentship” of sleeping Joe Biden. We're going to reverse it and fast. 1 day people will realize that customs tariffs for the United States of America are a very beautiful thing!” Trump said.
On April 5, the USA introduced minimum 10-percent import duties from all countries. As of 9 April, Washington will introduce even higher "reciprocal duties" for a circumstantial group of states. For the European Union we are talking about 20%, but in a worse situation are among others. China (34%), Switzerland (31%), India (26%), South Korea (25%) or Japan (24%).
