Trump on customs: "My policy will never change"

news.5v.pl 2 months ago

My policy will never change," wrote U.S. president Donald Trump on social media, directing his message to possible investors. The president thus encouraged investment in the US after the United States announced advanced tariffs on goods from around the world.

To many investors coming to the United States and investing immense amounts of money, my policy will never change.

“the president stated in the entry on his community platform fact Social.

It's a large time to get rich more than ever!

“He added.

Announcement of duties

The President's entry seemed to mention to announced duties on goods from around the planet and the sharp negative reaction of the markets. Trump had previously declared that the duties introduced would prompt companies to invest heavy in America and transfer factories there. However, critics of the president and any economists pointed out that investors could discourage uncertainty about future conditions, among others due to Trump's chaotic way of making decisions.

Representatives of the President's administration sent conflicting signals about the anticipation of possible removal of duties through negotiations with another countries. The trade minister Howard Lutnick himself said on the same day that there was no way Trump would quit duties to propose that the president was open to negotiations.

The president suggested that he was willing to compromise if another states "offered something phenomenal." For example, he suggested lowering duties on Chinese products in exchange for the approval of the Chinese authorities to sale TikToka.

Vance’s position

Earlier, U.S. Vice president J.D. Vance spoke on customs.

We're fine. To be honest, I thought in any ways things might get worse in the markets. We're dealing with a large transformation.

said Vance in an interview with Newsmax.

MORE HERE:Trump administration happy with the introduction of customs! Vance assures: “I thought it might be worse in any ways”

Stock losses

In consequence to the announced duties, the fresh York Stock Exchange scored the worst day since the pandemic, losing over $3 trillion.

SEE ALSO:

China is responding to Trump's decision. Beijing imposes 34 percent work on all goods imported from the USA

Trump introduces strict duties. Countries around the planet are informing against consequences. large fall on Wall Street

Trump signed a regulation on "reciprocal duties". “This is 1 of the most crucial days, in my opinion, in American history”

How much will Poland lose on US duties? Tusk scares the incorrect option: “The losses will exceed PLN 10 billion. Severe and unpleasant blow’

ace/PAP

Read Entire Article