‘We’ve been taken advantage of…’: Trump advises countries in trade talks with US to ‘keep working hard’ ahead of August 1 deadline
Trump first announced his tariff plan in April as part of his push to reduce trade barriers, cut the U.S. trade deficit, and support American manufacturing jobs.
US President Donald Trump has beneficial international locations that are in trade talks with the US to “preserve working significant” because the August 1 lower-off date for negotiations will catch up with. He repeated his claim that for a huge selection of years, The United States has been handled unfairly by other international locations including its friends. Talking to the media before leaving for flood-affected areas in Texas, Trump acknowledged that South Korea, Japan, and every other international locations are attempting to device offers with the US to preserve a ways from heavy new tariffs that can commence on August 1.
“I mediate valid kind preserve working significant. You know, we’ve been taken advantage of for a huge selection of, decades by international locations, every buddy and foe. And admittedly, the friends were worse than the foes in quite a lot of conditions,” he acknowledged during a press availability at the White Condominium. He added, “Resplendent preserve working. Every thing will figure out within the cease.”
On Monday, Trump sent a letter to South Korean President Lee Jae Myung, asserting that the U.S. will commence charging 25 per cent tariffs on South Korean items from August 1. These new prices had been within the inspiration planned to commence this Wednesday, but Trump had paused them for 90 days.
Trump first presented this opinion in April as part of his push to decrease trade boundaries, lower the U.S. trade deficit, and toughen American manufacturing jobs.
At the the same time, U.S. and South Korean officers met in Seoul to discuss bettering their alliance. Each international locations acknowledged they want to device their partnership stronger, extra equal, and higher ready for the lengthy bustle.
The meeting comes because the Trump administration continues to hunt info from allies to portion extra of the prices and give consideration to countering China’s rising affect.
In a joint assertion, every international locations acknowledged: “The 2 facets discussed programs to toughen the U.S.-South Korea alliance valid into a future-focused, strategic partnership that advantages all facets, especially as regional security challenges grow.”
(With IANS inputs)
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