Trump: US 'sealing up' southern border, China must 'end unfair trade'

Trump: US 'sealing up' southern border, China must 'end unfair trade'

"We are sealing up our Southern Border," Trump wrote. "The people of our great country want Safety and Security. The Dems have been a disaster on this very important issue."

On Wednesday, the President signed a memorandum to dispatch National Guard troops to the southwest border. Homeland Security Secretary Kirstjen Nielsen said the same day that the administration would work with border state governors on the mission.
CNN reported Friday that Texas has already begun mobilizing its troops to deploy to the border.

In a separate tweet on Saturday, Trump demanded China end unfair trade practices.

"The United States hasn't had a Trade Surplus with China in 40 years," he wrote. "They must end unfair trade, take down barriers and charge only Reciprocal Tariffs. The U.S. is losing $500 Billion a year, and has been losing Billions of Dollars for decades. Cannot continue!"

The US trade deficit in goods with China hit nearly $375 billion in 2017, according to federal data.

The past week has seen an escalation in combative rhetoric over trade between the US and China in a dispute that is rattling the markets.

At the start of the week, the Trump administration proposed tariffs on nearly 1,300 Chinese exports. The plan to apply 25% tariffs to about $50 billion worth of goods aims to punish China for its theft of trade secrets, including software, patents and other technology.
In return, the Chinese Ministry of Commerce announced plans to target $50 billion worth of US exports by imposing tariffs on products such as soybeans. Trump further escalated the back-and-forth on Thursday, threatening "$100 billion of additional tariffs."

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Source link : https://www.cnn.com/2018/04/07/politics/trump-border-china-trade/index.html
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Publish date : 2018-04-07 19:55:00
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