Trump explained why he charged penguins
There is a wave of sales in the shopping halls. For shares, Monday was the worst day since pandemic times.
In Asia, everything was sold without any sector – technology companies, car manufacturers, banks, casino and energy companies as one of the losses, with investors urgently giving up risky assets. Future transactions for the future of Europe have fallen. This is how the world responds to the rates introduced by the American President, and Mr Trump seems to be satisfied with his decision.
« I don’t want someone to go down, but sometimes you need to take medication to solve something, » Trump said.
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The president announced last week’s « liberation » duties on all countries of the world, including about 34 percent. duties on imports from China and 20 % Imports from the European Union are two major American trading partners.
« I have been in contact with many leaders from Europe, Asia, the world, they want to make a deal. I said we are not going to have a deficit with your country, we will not do it because I am deficit is a loss, we are going to have excess, » Trump said.
China has announced that from April 10, 34 % will apply to all American exports. retaliatory rates. The Chinese have also introduced export control for seven rare Earth elements, including gadoline, commonly used in magnetic resonance imaging and ITRIs used in home appliances.
« So much uncertainty about how these rates will apply in the future, in fact, leads to a fall of stock prices. Analyst Rintar Nishimura.
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The American Secretary of Trade explained why the US introduced customs and Australian islands, where only penguins live.
« If you remove something from the list, the countries that are basically trying to manipulate America will enter us through those countries. Basically, the president said, Listen, I can’t let any part of the world be a place to transport China or other countries.
Mr Trump’s administration had to explain why he had not introduced tariffs to Russia.
« It is clear that negotiations with Russia and Ukraine are underway, and I think the president has made a decision not to relate these two issues. This does not mean that over time, Russia will be treated completely differently than every other country, » said Kevin Hassett, Head of the National Economic Council.
The European Commission will soon offer to the European Union countries a list of American goods, which may be subject to additional charges in response to American customs duties.