Trump and tariffs on imported goods from China, India and Brazil

“Anyone who wants to promote their goods in the United States will have to pay customs tariffs,” Trump said at a press conference. So we will impose tariffs on imported goods from China, India and Brazil.

He called for a permanent extension of tax cuts approved in his first presidency, stressing: “We must maintain these reductions permanently and cooperate with Congress to implement it.”

Trump also announced a plan to cut taxes in the United States from 2 % to 5 %.

In another part of his remarks, he said: “We do not need cars produced in Canada and Mexico.”

In the field of technology industry, Trump also said: “We will impose customs tariffs on the production of electronic chips and semiconductors.”

He added: Chip and semiconductor companies need to build their factories in the United States so that they are not subject to tariffs.

Trump also announced customs tariffs on the steel and aluminum industries.