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

Russia to close the Polish consulate in Irkutsk

Pope Leo flies to Turkiye

Trump bars South Africa from participating in G20 summit

US demands Ukraine deal before security guarantees

Militants kill three police officers in northwest Pakistan

Magnitude 6.6 quake hits western Indonesia

At least 55 people killed in Hong Kong fire, 3 arrested

Death toll rises to 31 in Sri Lanka rains, landslides

Trump urges Japan to avoid escalations with China

FBI investigates motive in attack outside White House

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