Donald Trump declared reciprocal tariffs on numerous countries on Wednesday. See entire listing of reciprocal tariffs by country
US President Donald Trump declared reciprocal tariffs on numerous countries, imposing a 34% tariff on goods from China, 20% tariff on goods from the European Union, and 10% tariff on goods from the United Kingdom.
“We subsidies a whole lot of countries and keep them going and hold them in business. Why are we doing this? I mean, at what factor can we say you got to work for yourselves. This is why we have the big deficits. This is why we have that, quantity of debt that’s been located on our heads during the last number of years, and we’re in really not taking it anymore,” he stated.
Trump added, “In the face of unrelenting financial warfare, America can no longer retain with a policy of unilateral economic surrender. We can not pay the deficits of Canada, Mexico and so many other countries. We used to do it. We can’t do it anymore. We take care of countries all around the world. We pay for their military. We pay for everything they have to pay. And then whilst you want to reduce a little bit, then they get upset that you’re not taking care of them any longer. But we have to take care to our people and we’re going to take care of our people first. And I’m sorry to mention that.”
