07.10.2022

Trump threatens China with new duties

The US president intends to introduce 10 percent duties on Chinese goods with a total value of $ 200 billion. Donald Trump wants to significantly reduce the trade deficit with China. US President Donald Trump intends to introduce 10 percent duties on goods from China. It is necessary “to take further actions to push China to change its unfair practices, to open its market for goods from the United States and to adopt more balanced trade relations with the United States,” the American president said on Monday, June 18.

The total value of the goods affected by the duties will amount to 200 billion dollars (172.3 billion euros). According to the White House, the US Trade Representative, Robert Lightheiser, has been instructed to confirm the list of related products.

Reaction of China

The United States “initiates a trade war and violates the laws of the market,” said a spokesman for the Chinese Ministry of Commerce. According to him, China will respond with decisive retaliatory measures, “if the US side continues to” irrational “behavior.

Earlier in June, the Ministry of Commerce of China announced the introduction of a 25 percent duty on 659 items of goods from the United States, which will begin to operate on July 6. This step was a response to the White House’s approval of a list of Chinese goods worth $ 50 billion, which will be taxed at 25 percent, which will also enter into force on July 6.

Deficit in trade with China

The US President announced excellent relations with President Xi Jinping. The parties will continue to work together on many issues, Trump stressed. At the same time, the American president intends to significantly reduce the trade deficit with Beijing, which in 2017 amounted to 375 billion dollars (303.3 billion euros).

The International Monetary Fund previously warned of the negative effects of the Washington-Beijing trade war on consumers, investors, and financial markets. The German economy may also suffer from penalties imposed by the United States on goods from China.

Trump’s rating rose again to its all-time high

U.S. President is currently supported by 45 percent of all voters, 90 percent of Republicans, and 10 percent of Democrats. U.S. President Donald Trump’s policies are approved by 45 percent of the country’s citizens, a record for his rating, which was also recorded the first week after his inauguration in early 2017. . This is evidenced by a survey by analytical agency Gallup, published on Monday, June 18.

According to agency experts, the increase in Trump’s support over the past week may be due to his meeting with North Korean dictator Kim Jong-un, which observers called historic.

90 percent of Republicans support Trump

At the same time, over the past two weeks, 90 percent of the Republicans supported Trump, which is also his record figure, which he had already achieved once – in January 2018 after his appeal to the nation. Among the voters who are not members of any of the parties, the rating of the current US president is 42 percent, among the Democrats – 10 percent.

At the same time, the Gallup report emphasizes that Trump’s level of support throughout his presidency was significantly lower than that of his predecessors. His rating since the beginning of the presidential term averaged 39 percent. The average rating of US presidents since the start of the Gallup polls in 1945 is at 53 percent.

June ranking comparable to Obama and Clinton

At the same time, since the end of April, support for Trump by voters began to grow, exceeding 40 percent, which analysts attribute to record low unemployment rates over the past decades and the beginning of a dialogue with the DPRK on nuclear disarmament of the Korean Peninsula. This dynamic puts Trump on a par with many other US presidents who had similar ratings in June of the second year of their presidency – Barack Obama (46 percent), Bill Clinton (46 percent), Ronald Reagan (45 percent) and Jimmy Carter (43 percent )

Other presidents in the same month were supported by a significantly larger number of voters, in particular, Dwight Eisenhower (62 percent), John F. Kennedy (70 percent), Richard Nixon (55 percent), George W. Bush (68 percent) and George W. Bush (73 percent).

The survey was conducted by telephone on June 11-17, a little more than 1.5 thousand people participated in it. The statistical error is three percentage points.

Leave a Reply

Your email address will not be published.