Washington:
The United States will impose tariffs to countries that “damage” the United States, said President Donald Trump, as China and Brazil called High Tarifa countries.
“We are going to put tariffs on external countries and external people who really mean damage to us. Well, they refer to damage in the US In the president for the second term last week.
“Look what others do. China is a tremendous rate manufacturer, and India and Brazil and many other countries. So we are not going to let that happen more because we are going to put the United States first, ”he said.
He said that the United States will establish a “very fair system where money will come to our coffers and that the United States will be very rich”, adding that it will happen “very quickly.”
Trump stressed that it was time for the United States to return to the system that made it “richer and more powerful than ever.” Referring to his inaugural speech last week, Trump said: “Instead of taxing our citizens to enrich foreign nations, we should be tariffing and taxing foreign nations to enrich our citizens.” “Under the first American economic model, as tariffs increase in other countries, taxes on US workers and companies will decrease and a massive number of jobs and factories will return home,” he said.
Previously, Trump has already talked about slapping “100 percent of tariffs” in the BRICS group, a block that also includes India.
During his direction, Trump asked Trump to come and establish manufacturing units in the United States if they wanted to avoid tariffs.
“If you want to stop paying taxes or tariffs, you must build your plant here in the United States. That is what will happen at record levels. We will have more plants built in the next short period of time than anyone imagined before because the incentive will be there because they have no rate at all, ”he said.
The president said that the United States will support companies that build plants in the United States, particularly in industries such as pharmaceutical products, semiconductors and steel.
Trump added that his administration would also place tariffs in steel, aluminum, copper and other materials required by the United States army. “We have to bring the production back to our country. There was a time when we made a ship a day, and now we cannot build a ship. We don’t know what the hell we are doing. Everything has gone to other places and other lands, ”he said.
“To further return production to the United States, we will environmentally release our rare earth minerals. We have some of the best rare earths anywhere in the world, but we are not allowed to use it because environmentalists arrived first, ”said the president in his speech. PTI LKJ GRS GRS
(Except for the headline, this story has not been edited by NDTV staff and is published from a union feed).
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