American President Donald Trump believes that the market tariffs regarding China are functioning better than expected. He claimed this on Twitter.
‘Tariffs are working far better than anyone ever anticipated. China market has dropped 27% in last 4months, and they are talking to us. Our market is stronger than ever, and will go up dramatically when these horrible Trade Deals are successfully renegotiated. America First.......,’ the American President said.
Reportedly, Trump claimed on June 15, that the US would introduce tariffs by 25 percent for imported from China commodities. He accused China of the theft of intellectual property and repeatedly stressed that he doesn’t like the trade deficit with Beijing.