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President Donald Trump stepped up rhetoric in the conflict of punishments, saying that these are solid tools when he has to renegotiate international trade agreements.
– Penalties are the best! Either a country that has treated the United States will unfairly negotiate a fair deal, or they will be beaten with sanctions. It's as simple as that – and everyone is talking! Remember, we are the piggy bank stolen. Everything will be amazing! Donald Trump wrote in a tweet on Tuesday.
The statement comes after the United States imposed a fine of about 278.6 billion kroner on imports from China. In addition, Trump will soon activate a new penalty of 131 billion.
The Trump administration is also considering a gigantic new tariff of $ 1,640 billion, which will affect a majority of Chinese products.
– Nations who for years have treated us unfairly in commerce now come to Washington to negotiate. This should happen several years ago, and as you say, better late than never!, Wrote the president in a tweet on Tuesday.
China has also introduced its own sanctions against the United States, but Trump believes that the United States will be victorious in this fight for retaliation.
In 2017, the United States has a trade deficit of 3.080 billion with China and for the first half 2018 trade deficit of 1 245 billion NOK.
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