Tags: Donald Trump | Trump | tariffs | China

Trump Defends New Tariffs, Says China Started Trade War

By    |   Friday, 15 June 2018 12:40 PM

President Donald Trump on Friday defended slapping $50 billion in new tariffs on China.

"We're just announcing very big tariffs on China," the president said during a 30-minute wide-ranging interview on Fox News' "Fox & Friends" morning program.

Trump said the new tariffs were ordered to straighten things out between the two nations regarding trade.

Trump has announced tariffs on $50 billion in Chinese imports. The 25 percent duties are a response to the U.S.' so-called Section 301 investigation earlier this year that accused China of stealing U.S. intellectual property in an effort to dominate the development of advanced technology.

During the interview, Trump claimed so much of the high-tech secrets from Silicon Valley are being stolen by China and other nations.

"We're going to protect those secrets," he said. “Those are crown jewels for this country.

"The trade war was started many years ago by (China) – and the United States lost. There is no trade war. They have taken so much."

© 2019 Newsmax. All rights reserved.

   
1Like our page
2Share
Politics
President Donald Trump on Friday defended slapping $50 billion in new tariffs on China. "We're just announcing very big tariffs on China," the president said during a 30-minute wide-ranging interview on Fox News' "Fox & Friends" morning program.
Trump, tariffs, China
165
2018-40-15
Friday, 15 June 2018 12:40 PM
Newsmax Media, Inc.
 

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
America's News Page
© Newsmax Media, Inc.
All Rights Reserved