https://www.youtube.com/watch?v=Asx5xdYlMAg
Trump says, "We are very kind people," while announcing global tariffs | Islam Channel
Donald Trump has announced sweeping new global tariffs. These so-called reciprocal tariffs, paid by U.S.-based companies importing goods into the United States, vary by country, ranging from a minimum of 10% to over 40%. To determine the specific rates, the U.S. Trade Representative’s Office applied a formula designed to balance trade deficits between the United States and its trading partners.
Trump has also announced a 10% trade tariff on all imports from the UK.
Trump dubbed the move ‘Liberation Day’ and claimed that his expansive use of tariffs would cause factories to move production back to the United States, ushering in a golden era for the U.S. economy.
Fund honest independent Muslim journalism: https://ift.tt/H8DpAdc
SUBSCRIBE ► https://rb.gy/fj9rd1
Watch your favourite Islam Channel shows on-demand: https://ift.tt/b2ztLfj
Stay up to date on our social media channels: ►TWITTER: https://twitter.com/islamchannel ►FACEBOOK: https://ift.tt/Ij3YWlL ►INSTAGRAM: https://ift.tt/p2rgzhN
from Islam Channel