Donald trump explained the introduction of fees

Donald trump explained the introduction of fees

The US President Donald trump said the reason for the introduction of trading fees.

“To US, ultimately, should be applied the principle of fairness in trade issues,” wrote the President on Twitter.

“If we allow any country to sell their products, not by charging fees, but for us impose a 25 percent, 50 percent or even 100 percent, it’s unfair. Patience is impossible”, — said Mr. trump. “This is not free or fair trade, that’s a stupid trade!” he said.

We will remind, on March 23, the U.S. President signed a decree on the introduction of trading fees in respect of the supply of steel and aluminum from other countries, including European. Subsequently, the EU was temporarily withdrawn from the scope of the duties, but a permanent de-list failed to agree. On 31 may, the U.S. Commerce Secretary Wilbur Ross announced that from June 1, the U.S. imposed a 25 percent duty on steel from the EU, Canada and Mexico, and 10% — for aluminium produced in these countries.