United States President Donald Trump has stated that he does not want to “destroy” China. In an interview with Fox Business, shown this Sunday, he said that Chinese President Xi Jinping “is intelligent and seems to want to negotiate the tariffs”. “It’s the right thing to do,” he said.
Regarding tariffs in general, the head of the White House highlighted that products manufactured in the USA, such as chips and pharmaceuticals, are exempt from surcharges. “All companies are coming back to the U.S. from Taiwan, from all over the world,” he said.
On Friday, Fox Business had released a preview of the interview. In it, Trump stated that massive 100% tariffs on China are not sustainable, but that Chinese behavior “forced” him to implement them.
FREE TOOL
XP simulator
Find out in 1 minute how much your money can yield
Regarding the Republican administration’s efforts to bring the National Guard to cities to combat crime, Trump stated that the next location will be San Francisco. “Don’t forget, I can use the Insurrection Law. I will save the cities,” he said.
Iran
The President of the United States, Donald Trump, said that he has a “good relationship” with his Russian counterpart, Vladimir Putin, and that he believes that a peace agreement for the conflict between Russia and Ukraine will be reached, in an interview with Fox Business, this Sunday.
“I thought the Russia-Ukraine peace agreement would be easier to achieve,” he said.
Continues after advertising
According to Trump, Putin “will take something” in terms of Ukrainian property.
Investments
Trump also stated that investment in the United States could reach US$20 trillion by the end of this year, in an interview with Fox Business, this Sunday. According to him, this value will be possible because the tariffs caused the production of products to return to the country’s territory.
“We’re building something incredible here and a big part of that is because of tariffs,” he said.
Trump also mentioned that if the US Supreme Court rules against the use of tariffs, the US “will have to give the money back”.
