G7 Summit: Latest News Of G7 Summit Trump Regrets On China War Trade not Raising Tariffs Higher
- In Our Latest New Trump Said that the he was not Raising Tariffs Higher on china.
- In Previous News Trump said that the he was raising higher tariffs on the china war trade.
The annual meeting of the Group of 7 (G7) powers are held in the France. Donald Trump and other 6 countries president arrived in France on Saturday for the annual meeting of the Group of 7, in the meeting Donald Trump said that your companies end up the business with the china in the Mideast of the trade war.
The summit comes amid fears over a global economic slowdown and U.S. tensions with allies over trade, Iran and Russia.
Donald trump said that he will raised a traffic tax duties on Chinese products from 1st oct. 2019 on $250 billion in Chinese products 30% to 25% & additionally he will raise Tariffs on $300 billions of Chinese goods from 1st sep 2019 will not be applied and Tariffs rate are increased 10% to 15%. Donald trump said that the china war trade tension is a major tension but one more important tension of European union. He showed a tough rhetoric against the European Union because he will impose tax duties on the auto industry in Europe.
From starting 2019 trump said that he will impose set Tariffs duties on imported vehicles and parts on European & japan but delayed the duty for 180 days in may in earlier Donald trump signed a deal with E.U to boost our U.S. beef exports.
Trump Again Said that threatened to tax European cars Tuesday.
It is very difficult with dealing European union because we have all the cards in this country because all we have to do is tax their cars and they’d give us anything we wanted because they send millions of Mercedes over. They send millions of BMWs over.”
Experts said that Europe trade is more damaging than the current tit-for-tat conflict with China
British Prime Minister Boris Jonson Told Reporters when he arrived in France he said that he plans to tell Trump at the summit to pull back from the trade war with China. Johnson said his priorities for the summit “are clearly the state of global trade.”
Trump first meeting with the France president on Saturday at lunch after lunch Donald trump said that the he is my good friend when someone asked you can add Tariffs on french wines in retaliation for France’s digital services tax but Donald trump respond that he loves wine.
In summit world leader are discussing about the foreign policy matters, including Iran and tensions between India and Pakistan, as well as environment like Amazon rain forest .
After Some time Donald Trump Said That
In Our Latest New, Trump Said that the he was not Raising Tariffs Higher on china.