President Donald Trump revealed a chart on Wednesday, in which the details of the mutual tariff were given, which he would put on other countries, he said, “They charge us, we charge them.”
Trump said at a press conference, “China, 67 percent of tariffs alleged in the United States, including currency manipulation and business obstacles,”
“At 67 percent, we are going to charge a concessional mutual tariff of 34 percent, in other words, they charge us, we charge them, we charge them, we charge a low fee on them, how can anyone be upset,” Trump continued.
Trump said that the European Union is “very difficult” and Europeans “rip us.” The 47th President said that the European Union has accused the United States of 39 percent, so the US will charge them 20 percent.
Trump refers to Vietnam as a “great negotiator” and “great people” and said that the country charges 90 percent of us, so the US would keep a mutual tariff of 46 percent.
Peter Navarro, Senior Consultant for trade and manufacturing President Donald Trump, told Breetbart News Editor-in-Chief Alex Marlo. Alex Marlo Show Although China is stopping the US on trade, many other countries such as the European Union and Vietnam run “close seconds”.
Trump said during his Wednesday’s address, “Foreign nations will finally be asked to pay for the privilege of access to our market – the world’s largest market.”
“In the coming days, there will be complaints from global people, outsourced, special interests and fake news … Never forget that our opponents have proved to be completely wrong for our opponents for the last 30 years,” Trump continued. “They were wrong about NAFTA, they were wrong about China, they were wrong about the Trans Pacific partnership … In my first term, he said that Tariffs would crashed the economy. Instead, we built the largest economy in the world’s history.”
Sean Moran is a policy reporter for Breetbart News. Follow it on x @ Seammoran3,
