Donald Trump offers a press conference on mutual tariffs for US trading partners
It is a beautiful simple system, and we don’t have to worry about it, we calculate too much or too little, um, but traditionally India is at the top of the pack, but India is a very, very, you , they raise enormous tariffs. If you build here, you have no tariffs at all and I think that will happen. I think our country will be flooded. Jobs. Let’s see what happens. Nobody really knows what will happen as. We know that jobs are being produced on levels that we have never seen before. We know that we believe that the interest rates ultimately come back due to things that happen, and they go hand in hand with the tariffs, but we think we think that prices for some things, many things, Everything could be going down, in the end it will go down. What is the earliest date you believe that tariffs are actually implemented? Well, I would say maybe I will ask Howard. Because he will be the one who implemented. What do you think? Our studies should be completed by April 1st. We will give the President the opportunity to start on April 2 if he wants. I think we will be ready to go on April 1, and we will hand over it to the President and he will make his decisions. But remember when you drop your tariffs, the prices for Americans come down. You have previously talked about VAT in the EU and your concerns about how the EU treats it. Do you have a number in the European Union in mind? Do you have an idea of where this number will land? Well, what you are now is that you have a 20% tax tax that we are similar to or similar to the tariff. They also raise a lot of fees and they know that they do something else. The European Union was very hard in our companies. They sued Apple, they sued Google, they sued Facebook. They sued many other companies and the American companies and the type of numbers are amazing. Canada will be a very interesting situation because we just don’t need your product, and yet you survive the fact that we, you know 95% of what you do, and Canada is just absolutely say it and sometimes they smile People and sometimes they say great idea, but. After Canada, their taxes would drop sharply. Security would increase sharply. Astonishing things happen Canada and Canada in this special, why should we pay Canada 200 billion US dollars a year in subsidies if they are not a state? It is the most beautiful and I will tell you what really mutual tariffs, these two words, um, mutual mutual tariffs really fair. This will eventually be the automotive companies and chip companies. At the moment we have to have chips made in this country. Practically everything in Taiwan, almost everything, a bit in South Korea, but everything, almost everything, is made in Taiwan, and we want it to be done. We want these companies to come to our country in all respect. If we make everything clear, I would like to meet one of the first meetings I want with President XI of China, President Putin of Russia. And I want to say that we reduce our military budget in half. And we can do that. If Brics wants to play games, these countries will not act with us, we will not act with them, and if a trade gets through, it will be at least a 100% tariff.
