Donald Trump justifies his 90 -day tariff pause: «People were scaring a little»

The president of the United States, Donald Trumphe publicly referred to the recent decision of his team of unify 10% tariffs for most countriesincluded Mexico and Canadaas part of a strategy to reorder its global commercial policy. As announced, the countries that already faced a 10% tariff will keep it, while those who were taxed with 30% will see that percentage to 10% reduced. In contrast, imported products from China will be subject to a 125%tariff.

Trump justified the measure by pointing out that «people were scaring a little» in the face of the consequences of the commercial warespecially with China.

In statements to the press, Trump justified his strategy of imposing tariffs on other nations: «We had to do it, what was happening to us with the exchange of goods. China is the greatest abuser in history. What was happening was not sustainable.»

Trump said the previous situation was not sustainable and ruled out that a definitive resolution with the Asian country has been achieved. «Nothing is over, China wants to make a deal, but they don’t know how to advance with it,» he said.

Regarding the decision to suspend tariffs to those countries that did not adopt reprisals against the United States, Trump explained: «I paused for those who did not take response measures, but China did respond with more tariffs.»

In addition, he pointed out that there is a strong international interest in reaching agreements with Washington. “Nothing is over, but We have a tremendous spirit from other countries ”, declared. According to Trump, there are «many more than 75» countries that would be looking for trade agreements.

Trump acknowledged that he had been observing bond market before making his decision, which he described as «very complicated» and generated an «uncomfortable» sensation. «You have to show some flexibility, and I am able to do it,» he added.

In connection with His link with Chinese President Xi JinpingTrump said: «President XI is a proud man. I know him very well, and they don’t know how to move forward. But they will solve it. They are in the process of solving it, they want to make a deal.»

The new tariff structure, which includes Mexico and Canada with a 10%tax, seeks to reduce tensions with allied countries and increase the pressure on Beijing, within the framework of a strategy that aims to reformulate the foreign trade in the United States without ruling out future bilateral negotiations.