On the 14th local time, US President Donald Trump stated that the US would engage in consultations on tariff issues with various countries and maintain an open stance towards trade negotiations, including those with Europe. At the same time, the EU will also come to discuss trade issues with the US. Trump also mentioned that some trade agreements have been reached by the US.
Recently, Trump sent letters to leaders of more than 20 countries, stating that new tariffs would be imposed on these countries starting from August 1. He also announced that starting from August 1, all copper imported into the US would be subject to a 50% tariff. (Cao Jian)
Trump claims the US has earned $25 billion from tariffs last month, but the American public says it’s us who are paying for them.
Trump’s tariff policy is impacting the world.