President Donald Trump on Wednesday revealed a chart detailing the reciprocal tariffs he will impose on other countries, saying, “They charge us, we charge them.”
“China, 67 percent tariffs charged to the USA, including currency manipulation and trade barriers,” Trump said at a press conference announcing his trade policies on what he has deemed “liberation day.”
“At 67 percent, we’re going to be charging a discounted reciprocal tariff of 34 percent, in other words, they charge us, we charge them, we charge them less, how can anybody be upset,” Trump continued.
Trump said the European Union is “very tough” and that Europeans “rip us off.” The 47th president said the EU charges the United States 39 percent, so America will charge them 20 percent.
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