US President Donald Trump’s proposals to increase tariffs are creating unrest in the global economy. While many foreign countries are looking to make counter-deals with the US, Trump mocked world leaders by making a remark, “These countries are calling us up, kissing my ass.”
During a fundraising gala for House Republicans, Trump made these comments. He revealed that many countries are lining up to make a deal. “Please, please, sir, make a deal. I’ll do anything. I’ll do anything, sir,” he said, mocking the leaders.
The US government has started implementing a 104% tariff on China, causing significant unrest. He then went on to mock rebel Republicans who suggested that Congress should take over negotiations.
Trump decided to implement this tariff increase only after he asked China to drop the 34% retaliatory duties on American goods by Tuesday. Since China did not respond on that day, Trump decided to go ahead with the revised tariff.
“Tariffs on pharma will remain because we don’t make our own pharmaceutical drugs; they are made in other countries. The same packet in the US is priced, sometimes 10 times more. We are going to impose tariffs on pharma in such a way that companies will come rushing to us very soon. The advantage we have is, we are a very big market,” said Trump.
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