Tuesday 5 June 2018

Facing pushback, Trump defends trade actions, says US will be stronger soon

Trump, Donald trump, united states

President Donald Trump faced pushback on Monday from Republican lawmakers, an influential GOP group and foreign leaders over his tough negotiations that are hitting China, Canada and Mexico with tariffs amid fears of a trade war. But the president defended his actions saying the US would soon be in a stronger position with its top trading partners.

Trump wrote in a series of tweets that his trade negotiations with China and a slew of US allies would break down large trade barriers faced by American farmers. He said that China "already charges a tax of 16% on soybeans. Canada has all sorts of trade barriers on our Agricultural products. Not acceptable!" In a conference call later on Monday with grassroots supporters, he said: "We will be in a very strong position very soon. We don't want to be taken advantage of anymore."

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