The President of the United States Donald trump in an interview with CNBC admitted that he is ready to impose protectionist duties on almost all imports from China in the United States.
Currently, the U.S. government has already imposed duties against Chinese imports in the amount of 34 billion dollars, in the near future this amount will bring up to 50 billion. “I’m ready to reach up to 500 [billion],” said trump host of the channel Joe Kernen.
“I’m not doing this because of politics, I do it because it’s the right thing for our country. China puts pressure on us for a very long time”, — said the President of the United States. According to him, Washington has a number of advantages over Beijing, which is ready to use, in particular in trade and monetary policy.
“I don’t want to be scared, I want them well behaved. I really like the leader of China, but it’s just not fair,” says the President. Trump admitted that he didn’t like what China does.
According to the TV station, citing state statistics, the total import volume from China to the United States for 2017 was estimated at 505,5 billion dollars, that is the American President willing to impose duties on virtually all Chinese imports. The USA supply China products to 129.9 billion — that is, China will not be able to respond to such measures in a mirror.
The trade confrontation between the two largest economies in the world began in late 2017, when trump endorsed the introduction of the first protectionist measures against Chinese goods. Further protectionist measures against China, as well as Europe, Russia and the whole world is only expanding, which led to the outbreak of full-scale trade war.
Video, photo All from Russia.