US President Donald Trump has announced a discounted recipes. Trump said at the White House Rose Garden, “America has been looted and cheated by foreign nations for a long time.” In my view, this day is one of the most important days in the history of America. This is a declaration of economic freedom. Despite years of hard work, the contribution of American citizens was less for us, but now the time has come for our prosperity. Let’s know the big things about Trump’s press conference.
Big things about Donald Trump’s press conference
- Donald Trump said, for years, hardworking American citizens were forced to sit on the shore, while the other countries became rich and powerful, and most of it was at our cost. The situation emerged especially on the basis of trading policies, where the US market remained open to foreign products, while in many other countries there were huge restrictions on the reach of US products.
- 25 percent tariff has been implemented on the auto sector. Trump said, inequality in business directly damages the American industry and workers. For example, the United States charges only 2.4% from other countries on motorcycles, while Thailand and other countries implement high rates, such as India charge 60%, Vietnam is 70% fee and some countries are charging 75% or more. Business inequality reduces American competitiveness globally.
- Donald Trump said- This is the time when America ends the neglect of its hardworking people, registering its strong presence in world trade and starting its journey of prosperity in the true sense. We need a new, fair and balanced business approach, which protects American interests and gives our citizens a place of equality in the global economy.
- Donald Trump expressed his concerns over business relations with India. He said, ‘India is very, very difficult. The Prime Minister has just gone from here and he is my good friend, but you are not treating us properly. They charge 52 percent tax from us and we are not almost anything from them.
- Donald Trump said that tariffs and conservation systems help countries protect their domestic industries. For example, when a country wants to protect its industry from external competition, the tariff can serve as an effective tool to provide equal opportunities for domestic producers.
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