Trump cuts OPEC, threatening European companies



[ad_1]

Oil. [-] Donald Trump denounced the OPEC with warnings to stop manipulating the oil market. Trump has also pressed the closest American alliances with the threat of sanctions against European companies doing business with Iran.

In the Fox News interview "Sunday Morning Futures with Maria Bartiromo," Trump also said that he would not execute a trade deal. The new NAFTA with Canada and Mexico until the parliamentary elections in November

Earlier, Saturday (30/06/2018), Trump wrote in his Twitter account that King Salman bin Abdulaziz Al Saud Saudi Arabia agreed to produce more (19659003) Trump's comments reinforce a White House statement that King Salman said his country could increase oil production if needed. gross with a significant share of the world market as the global demand for oil rises [19659003] Meanwhile, a political rise in gasoline prices could be a headache for Trump before the parliamentary elections in November, offsetting Republican claims that federal tax cuts and reductions have helped revive the economy

. Oil exporting countries). "The OPEC is and they would do better to stop it because we are protecting these countries, a lot of them," Trump said, when asked if anyone had tampered the oil market.

The president also criticized the other American allies. Earlier this year, Trump said he would pull the United States out of the Iranian nuclear deal. He also claimed that European companies will be sanctioned if they negotiate with Iran.

"Of course, that's what we do, of course," Trump said.

He will visit Europe later this month for a meeting with the NATO alliance, which he criticized for paying too little for their common defense. the trade tends to overshadow the trip. Trump has imposed tariffs on imports of steel and aluminum in response to what he calls unfair trade practices from Europe, Canada and other allies in the US. world.

Trump said in an interview with Fox that he was not satisfied with the agreement. North American Free Trade and will not approve a new treaty after the elections in November.

"I want to wait after the election," he said.

[ad_2]
Source link