UP

Trump advises companies produce goods 'in good old'

Home page World
12 Punto 14 Punto 16 Punto 18 Punto
Trump advises companies produce goods 'in good old'

US President Donald Trump said on Saturday that companies should produce goods "in the good old" United States in order to avoid impacts of increased tariffs.

Axar.az reports citing Sputnik.

"Such an easy way to avoid Tariffs? Make or produce your goods and products in the good old USA. It’s very simple!" the president tweeted.

On Friday, Trump increased the level of tariffs from 10 percent to 25 percent on about $200 billion worth of Chinese imports. He also ordered tariffs to be raised on all remaining US imports from China, which are valued at around $300 billion.

Earlier this week, Trump stated that the possibility of removing the sanctions depended on the outcome of future negotiations between Washington and Beijing. He added that the latest tariffs, which went into effect on Friday, would produce "massive payments" that would go directly to the US Treasury Department.

The trade dispute between the United States and China, the world’s two biggest economies, has been escalating for over a year now. Both nations repeatedly slapped billions of dollars’ worth of retaliatory tariffs on one another as rivalry between them soared.

Date
2019.05.12 / 09:31
Author
Axar.az
See also

Italy’s MFA urged citizens to depart Iran

Pakistan reports 297 Afghan soldiers killed, 450 wounded

Trump raises prospect of 'friendly takeover' of Cuba

Milan tram accident leaves 1 dead, 39 injured

Merz to meet Trump at White House on March 3

Russian drone kills four in Ukraine’s Sumy region

Pakistan-Afghanistan clashes escalate amid tensions

Kazakhstan advises citizens to refrain traveling to Iran

Russia summons Finnish ambassador over flag burning

UK withdraws staff from Iran temporarily

Latest
Xocalı soyqırımı — 1992-ci il Bağla
Bize yazin Bağla
ArxivBağla